Enhancements to Unfair Contract Term Protections
The submission to the Treasury regarding the Enhancements to Unfair Contract Term Protections consultation which provides options to enhance the unfair contract term (UCT) protections for small business, consumers, and insurance contracts was prepared by the Law Council of Australia.
The Law Council has received contributions from three of its committees in relation to this consultation, including from the:
(a) Competition and Consumer Committee of the Business Law Section;
(b) Small and Medium Enterprise Committee of the Business Law Section (SME Committee); and
(c) Australian Consumer Law Committee of the Legal Practice Section (ACL Committee).
These committees have provided divergent views on many of the questions raised in the Consultation Regulation Impact Statement (RIS) reflecting the differing policy perspectives of each of the committees. Therefore, the Law Council provides the views of each of the contributing committees separately to ensure clarity of message.
You can read the full submission below.