Sweating the small stuff - big penalties for misleading consumers

Articles Written by Sar Katdare (Partner), Johanna Croser

Recent cases demonstrate that companies should immediately perform a comprehensive audit of trade practices compliance programs to ensure they are up to date, effectively implemented and well resourced. Paying lip service to compliance no longer works. Not only is it likely to result in contraventions but those contraventions are now likely to result in substantial fines, adverse publicity and legal costs.

This article explains the changes and what you need to do to ensure your company complies with those changes.

Read the full article in Keeping Good Companies, September 2011

Important Disclaimer: The material contained in this article is comment of a general nature only and is not and nor is it intended to be advice on any specific professional matter. In that the effectiveness or accuracy of any professional advice depends upon the particular circumstances of each case, neither the firm nor any individual author accepts any responsibility whatsoever for any acts or omissions resulting from reliance upon the content of any articles. Before acting on the basis of any material contained in this publication, we recommend that you consult your professional adviser. Liability limited by a scheme approved under Professional Standards Legislation (Australia-wide except in Tasmania).

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