Commonwealth Consolidated Acts Commonwealth Consolidated ActsA corporation shall not, in trade or commerce, accept payment or other consideration for goods or services where, at the time of the acceptance:
(a) the corporation intends:
(i) not to supply the goods or services; or
(ii) to supply goods or services materially different from the goods or services in respect of which the payment or other consideration is accepted; or
(b) there are reasonable grounds, of which the corporation is aware or ought reasonably to be aware, for believing that the corporation will not be able to supply the goods or services within the period specified by the corporation or, if no period is specified, within a reasonable time.
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