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Treasury Laws Amendment (Australian Consumer Law Review) Bill 2018

2016-2017-2018

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Treasury Laws Amendment (Australian Consumer Law Review) Bill 2018

 

No.      , 2018

 

(Treasury)

 

 

 

A Bill for an Act to amend the law relating to consumer protections, and for related purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedules............................................................................................ 2

Schedule 1—Admissions of fact                                                                                     3

Competition and Consumer Act 2010                                                                      3

Schedule 2—Listed public companies                                                                         4

Australian Securities and Investments Commission Act 2001                             4

Competition and Consumer Act 2010                                                                      4

Schedule 3—Unsolicited supplies                                                                                   5

Competition and Consumer Act 2010                                                                      5

Schedule 4—Unsolicited consumer agreements                                                    6

Competition and Consumer Act 2010                                                                      6

Schedule 5—Pricing                                                                                                               7

Competition and Consumer Act 2010                                                                      7

Schedule 6—Disclosure notices relating to the safety of goods or services               8

Competition and Consumer Act 2010                                                                      8

Schedule 7—Power to obtain information, documents and evidence   10

Australian Securities and Investments Commission Act 2001                           10

Competition and Consumer Act 2010                                                                    10

Schedule 8—Non-punitive orders                                                                               11

Competition and Consumer Act 2010                                                                    11

Schedule 9—Guarantees relating to the supply of services                         12

Competition and Consumer Act 2010                                                                    12

Schedule 10—Consumer protection                                                                          13

Australian Securities and Investments Commission Act 2001                           13

Schedule 11—Consumer protections in relation to financial products 14

Australian Securities and Investments Commission Act 2001                           14

Schedule 12—Application provisions                                                                        15

Australian Securities and Investments Commission Act 2001                           15

Competition and Consumer Act 2010                                                                    16

 

 



A Bill for an Act to amend the law relating to consumer protections, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act is the Treasury Laws Amendment (Australian Consumer Law Review) Act 2018 .

2   Commencement

             (1)  Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this Act

The day after this Act receives the Royal Assent.

 

Note:          This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

             (2)  Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3   Schedules

                   Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.