Business Law: 23 March 2019
A number of changes have been made to the Trade Practices Act 1974 (Cth) (TPA) as Australian Consumer Law (ACL) reforms have been progressively implemented, with the final portion commencing on 1 January 2011. In addition to these changes the TPA has been renamed the Competition and Consumer Act 2010 (Cth) (CCA).This is the 7th a series of blogs summarising the changes and the implications for businesses operating in Australia.
Under the new provisions, mandatory reporting requirements come into effect where a supplier becomes aware of a serious illness or injury caused (or which someone believes to have been caused) by use or foreseeable misuse of consumer goods supplied by the supplier, or related services. A supplier in this situation must report the incident to the ACCC within two days of becoming aware of it.