• Specific Year
    Any

TRADE PRACTICES REVISION ACT 1986 No. 17 of 1986 - SECT 21

TRADE PRACTICES REVISION ACT 1986 No. 17 of 1986 - SECT 21

21. After section 51 of the Principal Act the following section is inserted in
Division 1 of Part V:
Interpretation   "51A. (1) For the purposes of this Division, where a
corporation makes a representation with respect to any future matter
(including the doing of, or the refusing to do, any act) and the corporation
does not have reasonable grounds for making the representation, the
representation shall be taken to be misleading.

"(2) For the purposes of the application of sub-section (1) in relation to a
proceeding concerning a representation made by a corporation with respect to
any future matter, the corporation shall, unless it adduces evidence to the
contrary, be deemed not to have had reasonable grounds for making the
representation.

"(3) Sub-section (1) shall be deemed not to limit by implication the meaning
of a reference in this Division to a misleading representation, a
representation that is misleading in a material particular or conduct that is
misleading or is likely or liable to mislead.".