Australian Capital Territory Consolidated Acts

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FAIR TRADING ACT 1992 - SECT 7

Meaning of acquisition, supply and resupply

    (1)     In this Act—

        (a)     a reference to the "acquisition" of goods includes a reference to the acquisition of property in, or rights in relation to, goods under a supply of the goods; and

        (b)     a reference to the "supply" or acquisition of goods or services includes a reference to agreeing to supply or acquire goods or services; and

        (c)     a reference to the "supply" or acquisition of goods includes a reference to the supply or acquisition of goods together with other property or services (or both); and

        (d)     a reference to the "supply "or acquisition of services includes a reference to the supply or acquisition of services together with property or other services (or both); and

        (e)     a reference to the "resupply" of goods acquired from a person includes a reference to—

              (i)     a supply of the goods (the first goods ) to another person in an altered form or condition; and

              (ii)     a supply to another person of goods in which the first goods have been incorporated; and

        (f)     a reference to the "disposal "or acquisition of an interest in land includes a reference to—

              (i)     an agreement to dispose of or acquire the interest; and

              (ii)     the disposal or acquisition of the interest together with goods.

    (2)     For this Act:

        (a)     the obtaining of credit by a person for the acquisition of goods or services by the person is an acquisition by the person of services; and

        (b)     any amount by which the price of the goods or services is increased because credit was obtained is the price of the services represented by the obtaining of credit.



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