University of Melbourne
This subject will introduce students to the principal rights and obligations created by the Australian Consumer Law (ACL) and their equivalent in the Australian Securities and Investments Commission Act 2001 (ASIC Act). The ACL is a generic law operating Australia wide, developed to protect the interests of consumers. It was introduced in 2010 in the form of Schedule 2 of the Competition and Consumer Law 2010 although it has antecedents dating back to the State and Territory sale of goods acts and the Australian Trade Practices Act 1974 .
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