NFLD: Consumer Protection and Business Practices Act

May 22, 2009No Comments

New Act for Consumer Protection and Business Practices

Government is taking action to strengthen and streamline legislation that prohibits unfair and unconscionable business transactions and provide remedies for wronged consumers. Bill 22 the Consumer Protection and Business Practices Act was introduced in the House of Assembly yesterday.

The new act will consolidate the intent of six current acts which will be repealed. These include the Trade Practices Act, the Direct Sellers Act, the Unsolicited Goods and Credit Cards Act, the Consumer Reporting Agencies Act, the Unconscionable Transactions Relief Act and the Consumer Protection Act as well as the Bill 4 entitled the Cost of Consumer Credit Disclosure Act and the Consumer Reporting Agencies Regulations which were passed in the House of Assembly last spring but were not proclaimed.

Tags: , , , , , , Consumer Affairs, Legislative

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