Corrs in Brief: Creeping Acquisitions, the Merger Test and Unconscionable Conduct - Bill Introduced to Parliament
7th Jun 2010
On 27 May 2010, The Minister for Competition Policy & Consumer Affairs, Dr Emerson, introduced the Competition and Consumer Legislation Amendment Bill 2010 into Parliament to amend Section 50 of the Trade Practices Act. The Bill will amend the unconscionable conduct provisions in the new Australia Consumer Law (ACL) and Australian Securities and Investments Act (ASIC Act).