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Trade Practices Amendment (Australian Consumer Law) Bill (No. 2) 2010

2008-2009-2010

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

Trade Practices Amendment (Australian Consumer Law) Bill (No. 2) 2010

 

No.      , 2010

 

(Treasury)

 

 

 

A Bill for an Act to amend the Trade Practices Act 1974 and the Australian Securities and Investments Commission Act 2001 , and for other purposes

   

   



Contents

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

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

3............ Schedule(s)......................................................................................... 3

Schedule 1—The Australian Consumer Law                                                        4

Trade Practices Act 1974                                                                                            4

Schedule 2—Application of the Australian Consumer Law                    256

Trade Practices Act 1974                                                                                        256

Schedule 3—Amendment of the Corporations legislation                         330

Australian Securities and Investments Commission Act 2001                         330

Corporations Act 2001                                                                                            342

Schedule 4—Enforcement of industry codes                                                     344

Trade Practices Act 1974                                                                                        344

Schedule 5—Other amendments of the Trade Practices Act 1974       351

Schedule 6—Amendment of other Acts to change references to the Trade Practices Act 1974                 367

Part 1—Bulk amendments                                                                                       367

Administrative Decisions (Judicial Review) Act 1977                                      367

Agricultural and Veterinary Chemicals Code Act 1994                                   367

Airports Act 1996                                                                                                     367

Air Services Act 1995                                                                                               368

Anti-Money Laundering and Counter-Terrorism Financing Act 2006          368

Australian Communications and Media Authority Act 2005                          369

Australian Energy Market Act 2004                                                                     369

Australian Maritime Safety Authority Act 1990                                                 369

Australian Postal Corporation Act 1989                                                            369

Banking Act 1959                                                                                                     370

Broadcasting Services Act 1992                                                                            370

Crimes Act 1914                                                                                                        371

Customs Act 1901                                                                                                     371

Do Not Call Register Act 2006                                                                              371

Environment Protection and Biodiversity Conservation Act 1999                371

Evidence and Procedure (New Zealand) Act 1994                                            371

Federal Court of Australia Act 1976                                                                    371

Financial Sector (Business Transfer and Group Restructure) Act 1999       372

Health Insurance Commission (Reform and Separation of Functions) Act 1997                372

Insurance Act 1973                                                                                                  372

Jurisdiction of Courts (Cross-vesting) Act 1987                                                372

Life Insurance Act 1995                                                                                          373

Liquid Fuel Emergency Act 1984                                                                          373

Medibank Private Sale Act 2006                                                                           373

Northern Territory National Emergency Response Act 2007                          373

Occupational Health and Safety Act 1991                                                          373

Occupational Health and Safety (Maritime Industry) Act 1993                     373

Offshore Petroleum and Greenhouse Gas Storage Act 2006                           374

Patents Act 1990                                                                                                       374

Payment Systems (Regulation) Act 1998                                                              374

Private Health Insurance Act 2007                                                                       374

Proceeds of Crime Act 2002                                                                                   374

Protection of the Sea (Powers of Intervention) Act 1981                                 374

Radiocommunications Act 1992                                                                            374

Social Security (Administration) Act 1999                                                          375

Spam Act 2003                                                                                                          375

Sydney Airport Demand Management Act 1997                                                375

Telecommunications Act 1997                                                                               376

Telecommunications (Consumer Protection and Service Standards) Act 1999   378

Telecommunications (Interception and Access) Act 1979                                378

Trade Marks Act 1995                                                                                             378

Trans-Tasman Proceedings Act 2010                                                                   378

Water Act 2007                                                                                                         378

Wheat Export Marketing Act 2008                                                                       378

Part 2—Other amendments                                                                                     379

Administrative Decisions (Judicial Review) Act 1977                                      379

Agricultural and Veterinary Chemicals Act 1994                                             379

Agricultural and Veterinary Chemicals (Administration) Act 1992              379

Agricultural and Veterinary Chemicals Code Act 1994                                   379

Airports Act 1996                                                                                                     379

Anti-Money Laundering and Counter-Terrorism Financing Act 2006          380

Banking Act 1959                                                                                                     380

Carriage of Goods by Sea Act 1991                                                                     380

Federal Court of Australia Act 1976                                                                    381

Food Standards Australia New Zealand Act 1991                                            381

Insurance Act 1973                                                                                                  382

Jurisdiction of Courts (Cross-vesting) Act 1987                                                382

Motor Vehicle Standards Act 1989                                                                       382

National Transmission Network Sale Act 1998                                                  383

Olympic Insignia Protection Act 1987                                                                 383

Radiocommunications Act 1992                                                                            385

Wheat Export Marketing Act 2008                                                                       385

Schedule 7—Transitional matters                                                                             386

 



A Bill for an Act to amend the Trade Practices Act 1974 and the Australian Securities and Investments Commission Act 2001 , and for other purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Trade Practices Amendment (Australian Consumer Law) Act (No. 2) 2010 .

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

Provision(s)

Commencement

Date/Details

1.  Sections 1 to 3 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

 

2.  Schedules 1 to 5

The later of:

(a) the start of 1 January 2011; and

(b) immediately after the commencement of Schedule 1 to the Trade Practices Amendment (Australian Consumer Law) Act (No. 1) 2010 .

However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur.

 

3. Schedule 6, items 1 to 46

At the same time as the provision(s) covered by table item 2.

 

4.  Schedule 6, item 47

The later of:

(a) the same time as the provision(s) covered by table item 2; and

(b) immediately after the commencement of Schedule 1 to the Broadcasting Legislation Amendment (Digital Television) Act 2010 .

However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur.

 

5.  Schedule 6, items 48 to 141

At the same time as the provision(s) covered by table item 2.

 

6.  Schedule 6, item 142

The later of:

(a) the same time as the provision(s) covered by table item 2; and

(b) immediately after the commencement of section 3 of the Trans-Tasman Proceedings Act 2010 .

However, the provision(s) do not commence at all if the event mentioned in paragraph (b) does not occur.

 

7.  Schedule 6, items 143 to 191

At the same time as the provision(s) covered by table item 2.

 

8.  Schedule 7

At the same time as the provision(s) covered by table item 2.

 

Note:          This table relates only to the provisions of this Act as originally passed by both Houses of the Parliament and assented to. It will not be expanded to deal with provisions inserted in this Act after assent.

             (2)  Column 3 of the table contains additional information that is not part of this Act. Information in this column may be added to or edited in any published version of this Act.

3   Schedule(s)

                   Each Act 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.