Fair Trading Amendment Bill introduced
Published: 19 December 2019
The Government has introduced a Fair Trading Amendment Bill to Parliament. The Bill provides new protections for businesses and consumers against unfair commercial practices.
- introduces a prohibition against unconscionable conduct
- extends the current protections against unfair contract terms in standard form consumer contracts to also apply to business-to-business trading relationships with a value below $250,000 per year
- strengthens consumers’ ability to require uninvited sellers to leave or not enter their premises, including through the use of ‘Do Not Knock’ stickers.
Unfair commercial practices can include:
- unfair contract terms – such as terms which unduly shift risk from one party to another, make it difficult for one party to terminate a contract, allow one party to unilaterally vary the terms of a contract, or are otherwise very one-sided.
- unfair conduct outside of the terms of a contract itself (including pressure tactics to induce someone to enter into a contract, deceptive conduct or enforcing a contract in a harsh way).
The Bill will have its first reading early in early 2020.
MBIE media contacts
Phone: 027 442 2141
Please note: This content will change over time and can go out of date.