New 'unfair contract' law to hit business
Firms don't realise consumer contract protections are being extended to businesses, lawyer says.
iCLAW partner Sam Douglas.
Businesses need to be aware that new unfair contract laws coming into effect in August apply to any contract under $250,000, a commercial lawyer says.
Last year the Government made changes to the Fair Trading Act, extending consumer unfair contract protections to business-to-business agreements.
The
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