Out with the old and in with the new: farewell to the Trade Practices Act
The Commonwealth Parliament has passed the new Competition and Consumer Act 2010, which will replace the Trade Practices Act 1974. Competition Policy and Consumer Affairs Minister Craig Emerson said "The new Act will transform fair trading and consumer protection laws, replacing inconsistent provisions in 17 Commonwealth, state and territory laws with a single national law".
**25 June 2010 **
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