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The Australian Parliament aligns the maximum penalties under the Australian Consumer Law with the maximum penalties for breaches of the competition provisions of the Competition and Consumer Act

NEW FINANCIAL YEAR, NEW PENALTIES – GREEN LIGHT FOR INCREASED ACL PENALTIES* On 23 August 2018, the Australian Parliament passed the Treasury Laws Amendment (2018 Measures No. 3) Bill 2018 (Cth) (Bill). The Bill aligns the maximum penalties under the Australian Consumer Law (ACL) with the maximum penalties for breaches of the competition provisions in the Competition and Consumer Act 2010 (Cth) (CCA). The Bill received Royal Assent on 31 August 2018. Consequently, the new penalties took effect on 1 September 2018. The ACCC has long called for higher penalties for breaches of the ACL. This

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  • King & Wood Mallesons (Melbourne)
  • King & Wood Mallesons (Melbourne)

Quotation

Paula Mucha, Michael Evans, The Australian Parliament aligns the maximum penalties under the Australian Consumer Law with the maximum penalties for breaches of the competition provisions of the Competition and Consumer Act, 23 August 2018, e-Competitions Bulletin August 2018, Art. N° 88606

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