AUSTRALIAN CONSUMER LAW AND FAIR TRADING ACT 2012 (NO. 21 OF 2012) - SECT 1 Purposes

AUSTRALIAN CONSUMER LAW AND FAIR TRADING ACT 2012 (NO. 21 OF 2012) - SECT 1

The main purposes of this Act are—

        (a)     to promote and encourage fair trading practices and a competitive and fair market;

        (b)     to protect consumers;

        (c)     to regulate trade practices;

        (d)     to provide for codes of practice;

        (e)     to provide for the powers and functions of the Director of Consumer Affairs Victoria including powers to conciliate disputes under this Act and powers to carry out investigations into alleged breaches of this Act;

        (f)     to promote uniformity with the consumer laws of other jurisdictions through the interpretation and application of the Australian Consumer Law in Victoria consistently with those laws;

        (g)     to regulate certain businesses;

        (h)     to repeal and re-enact with amendments the Fair Trading Act 1999 ;

              (i)     to repeal the Disposal of Uncollected Goods Act 1961 , the Carriers and Innkeepers Act 1958 and the Landlord and Tenant Act 1958 ;

        (j)     to amend the Credit (Administration) Act 1984 to close the Consumer Credit Fund and transfer any funds to the Victorian Consumer Law Fund.