Comprehensive Consumer Protection Law introduced in Australia

New Comprehensive Consumer Protection Laws (ACL) is one of the Gillard Government reforms that came into effect on 1 January 2011.

The Weekend Australian reports that the Australian Consumer Law (ACL) will replace about 20 Commonwealth, state and territory consumer protection laws.

According to the Productivity Commission, the ACL will provide up to $4.5 billion in benefits to the economy. This will include terms to cover standard form contracts, a national law guaranteeing consumer rights when buying goods and services, national product safety rules and unified penalties and enforcement powers.

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