On 1 January 2011 the Australian Consumer Law (ACL) commenced.
The ACL includes:
- · a new, national unfair contract terms law covering standard form contracts;
- · a new, national law guaranteeing consumer rights when buying goods and services, which replaces existing laws on conditions and warranties;
- · a new, national product safety law and enforcement system;
- · a new, national law for unsolicited consumer agreements, which replaces existing State and Territory laws on door-to-door sales and other direct marketing;
- · simple national rules for lay-by agreements; and
- · new penalties, enforcement powers and consumer redress options, which currently apply nationally.
The full text of the Australian Consumer Law (ACL) is set out in Schedule 2 of the Competition and Consumer Act 2010 which is the new name of the Trade Practices Act 1974 (TPA).