The Competition and Consumer Act 2010 (the Act) is a national law that regulates fair trading in Australia and governs how all businesses in Australia must deal with their customers, competitors and suppliers. ... Summarise Key Aspects Of Legislation Education Essay. Pertinence to Agriculture: Trade, Supplies, Suppliers, Agricultural The Trade Descriptions Act 1968 made it an offence for businesses or salespeople to sell a product or service based on misinformation. examinable goods means: However, as a result of the Criminal Justice Act 1972 a court which convicts a person of an offence under the Trade Descriptions Act may, if it sees fit to do so, also make a compensation order in favour of the victim of the offence. Trade Practices Act This publication incorporates the 26 July 2001 amendments to the Trade Practices Act. The Trade Descriptions Act 1972 has been repealed and replaced by the Trade Descriptions Act 2011; with the new Act having come into effect since 01 November 2011. aims to promote good trade practices by prohibiting false trade descriptions and false or misleading statements, conducts and practices in relation to the supply of goods and services, thereby protecting the interest of consumers. company liability for a breach of the Trade Descriptions Act 1968 Assignment: Decisions can be made at all levels of a company, and any or all of those decisions can result in allegations of a tortious or criminal act. (2)Sections 2 to 6 of this Act shall have effe… This Act came to be following the attacks in New York and the Pentagon which claimed lives of victims and forever changed the history of America. Although the Trade Descriptions Act 1968 is technically still valid, it has been largely superseded by the Consumer Protection from Unfair Trading Regulations 2008 (CPRs). This Act makes it an offence if a trader The CPRs built on the Trade Descriptions Act by including specific wording about false endorsements and other pressure or aggressive sales tactics. Applies a false trade description to any goods. 1 Short title and commencement This Act may be cited as the Commerce (Trade Descriptions) Act 1905 and shall commence on a day to be fixed by proclamation not being earlier than six months after the passing of this Act.. 1A General administration of Act in relation to imports The Trade Descriptions Act 1968 came into effect on 30 November 1968. If they were found in breach of the Act, it gave authorities the power to inspect and confiscate goods and documents related to the product or service. Determining who is responsible for the resulting act or omission-the company, the individual, or both-is a problem which continues to The Act promotes fair trading between competitors while also ensuring that consumers are treated fairly. The Competition and Consumer Act 2010 (which replaced the Trade Practices Act 1974 on 1 January 2011) aims to give businesses a fair and competitive operating environment.. (b) places the goods in, on or with anything which the trade description has been affixed or annexed to, marked on or incorporated with, or places any such thing with the goods; or … How they were made or processed ('hand-sewn'); 1. In Britain, the Trade Descriptions Act or the Trades Descriptions Act is a law designed to prevent companies from presenting their goods or services in a dishonest or misleading way. It covers anti-competitive conduct, price fixing, unconscionable conduct and other issues, such as advertising. A trade description which, though not false, is misleading, that is to say, likely to be taken for such an indication of any of the matters specified in section 2 of this Act as would be false to a material degree, shall be deemed to be a false trade description. 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