Tasmanian Consolidated Acts Tasmanian Consolidated Acts
A person shall not, in trade or commerce, accept payment or other consideration for goods or services where, at the time of the acceptance –
(a) the person 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 person is aware or ought reasonably to be aware, for believing that the person will not be able to supply the goods or services within the period specified by the person or, if no period is specified, within a reasonable time.
Penalty:
Fine not exceeding 200 penalty units in the case of a person other than a corporation or 1 000 penalty units in the case of a corporation.