Upcoming changes to unfair contract term legislation

Unfair contracts legislation came into effect around November 2016 targeting standard form contracts of large businesses that were unfair to and taking advantage of the consumer.  Since its introduction there have been a few amendments, the biggest being extending the definition of consumer to include small businesses. 2021 is bringing further amendments which are quite [...]

2021-02-11T00:12:37+00:00February 11th, 2021|Business Advice, Contracts, Corporate Advisory|Comments Off on Upcoming changes to unfair contract term legislation

Unfair Contracts

The new unfair contracts legislation came into effect in November of 2016 and will affect hundreds of thousands of business contracts.   Many of the contracts impacted by the legislation are grossly unfair to the small enterprise and contain provisions which enable the larger contracting party to unilaterally change the contract. Where the small business does [...]