Commonwealth Consolidated Acts Commonwealth Consolidated Acts
* This Act provides a
framework to encourage the voluntary disclosure and exchange of information
about Year 2000 computer problems and remediation efforts.
* A person may
make a Year 2000 disclosure statement for the purposes of this Act at any time
after the commencement of this Act and before 1 July 2001.
* A person is
protected from civil liability for a Year 2000 disclosure statement unless one
of the exceptions set out in this Act applies.
* A Year 2000 disclosure
statement does not amend a contract unless the parties otherwise agree.
*
Arrangements for the disclosure of Year 2000 information are exempt from
section 45 of the Trade Practices Act 1974 (which deals with anti-competitive
conduct).