05 December 2018
1 min read
#Corporate & Commercial Law, #Competition & Consumer Law
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The ACCC announced this month that Visy Recycling, Cleanaway and Suez in the waste management industry had agreed to make changes to their standard form contract following an ACCC investigation. The terms that were considered by the ACCC to be potentially unfair and were amended included:
The ACCC has heralded its intention to continue to push for changes in the law to impose penalties and make compensation orders where businesses fall foul of the unfair contract terms laws. Watch this space, as all businesses who use standard form contracts to transact with small businesses may be affected by this change.
Author: Emily Booth
Contacts
Melbourne
Dan Pearce, Partner
T: +61 3 9321 9841
E: dan.pearce@holdingredlich.com
Sydney
Lyn Nicholson, General Counsel
T: +61 2 8083 0463
E: lyn.nicholson@holdingredlich.com
Brisbane
Trent Taylor, Partner
T: +61 7 3135 0668
E: trent.taylor@holdingredlich.com
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