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Beware the Unfair Contract Terms Legislation: Is Your Business Prepared for It?

Posted by Elizabeth Gore-Jones on 9 November 2023

The Unfair Contract Terms Legislation is set to take effect on 10 November 2023.

It is a significant legal change impacting businesses of all sizes and industries.

If you use standard contracts you need to have them reviewed.

Penalties of up to $50 million can apply.

We can review your contracts for a fixed fee.

Click here for a quote.

Posted in:NewsFranchisorBusiness  

Are Business Owners Sitting on a Ticking Time Bomb?

Posted by Elizabeth Gore-Jones on 9 November 2023
Many business owners seem to be blissfully unaware of the ticking time bomb which is the Unfair Contract Terms legislation. The Unfair Contract Terms legislation introduces new penalties if a standard contract is entered into containing unfair contract terms after 9 November 2023. This is a nationwide law and the penalty could be $50 million. An unfair contract term can come in a number of forms including the seemingly innocuous “Entire Agreement” clause, restraints of trade an...
Posted in:NewsLeasesBusiness  

Unfair Contract Term Legislation In Effect Soon

Posted by Elizabeth Gore-Jones on 6 November 2023

Just a reminder that the new unfair contract term legislation comes into effect on 10 November 2023.

You should not enter into any standard form contracts on or after that date unless you have undertaken an unfair contract term review of your documents.

We are able to assist you in this regard.

Posted in:NewsFranchisorBusiness  

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Franchise Disclosure Register

Nov 04 2024
Franchisors, don’t forget you need to update your registration on the Franchise Disclosure Register by no later than 14 November 2024. Need assistance? Contact us for more information. (07) 3180 0150 https://www.thefranchiseandbusiness...

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