Unconscionable conduct penalties – fair trading

Section of the Competition and Consumer Act Schedule 2 - Australian Consumer Law

Your obligation

Maximum civil pecuniary penalty for breachingyour obligation

Maximum criminal penalty for breaching your obligation

20

You must not, in trade or commerce, engage in conduct that is unconscionable within the meaning of the unwritten law.

$1.1 million (body corporate), $220,000 (person) see section 224(3)

N/A

21(1)

You must not, in trade or commerce, in connection with the possible supply of goods or services, engage in conduct that is unconscionable.

$1.1 million (body corporate), $220,000 (person) see section 224(3)

N/A

22(1)

You must not, in trade or commerce, in connection with: (a) the possible supply of goods or services to another person (other than a listed public company); or (b) the possible acquisition of goods or services from another person (other than a listed public company); engage in conduct that is unconscionable.

$1.1 million (body corporate), $220,000 (person) see section 224(3)

N/A

Last updated: 10/11/2012

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