New 'unfair contract' law to hit business
Firms don't realise consumer contract protections are being extended to businesses, lawyer says.
iCLAW partner Sam Douglas.
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Businesses need to be aware that new unfair contract laws coming into effect in August apply to any contract under $250,000, a commercial lawyer says.
Last year the Government made changes to the Fair Trading Act, extending consumer unfair contract protections to business-to-business agreements.
The
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