Supporting business through improvements to mandatory standards regulation under the Australian Consumer Law - (December 2021)
The submission to the Treasury in response to its Consultation Regulation Impact Statement on Supporting Business through Improvements to Mandatory Standards Regulation under the Australian Consumer Law, published on 1 December 2021 (Consultation Paper), was prepared by the Competition and Consumer Committee of the Business Law Section of the Law Council of Australia (the Committee).
The Committee acknowledges the Problem and Policy Objectives identified in pages 6 to 13 of the Consultation Paper. The Committee takes this opportunity to provide comment on the questions raised in the Consultation Paper, as well as the following options explored in the Consultation Paper (at pages 13 to 22):
a) Option 1 - Status quo;
b) Option 2 - Amend the Australian Consumer Law (ACL) to allow the Commonwealth Minister to more easily declare trusted overseas standards;
c) Option 3 - Amend the ACL to more easily allow businesses to comply with the latest versions of voluntary Australian and overseas standards; or
d) Possible combination of Options 2 and 3.
You can read the full submission below.
Last Updated on 11/02/2022
Share
Related Documents
Tags
Most recent items in Business Law Section
Business Law Section
Response to IP Australia Public Consultation – Design Law Treaty (DLT)
Business Law Section
Financial Regulatory Framework and Home Ownership
Business Law Section
Reforming mergers and acquisitions—notification thresholds
Trending Items in Business Law Section
Business Law Section
Forsyth/Pose Scholarship
Business Law Section
Santow Scholarship
Business Law Section