If you haven’t reviewed your privacy policy in the last 12 months, now is the time act or you might face significant penalties.
The ACCC has taken action after completing an investigation into Kia Motors’ capped price servicing advertisements.
Businesses have until next Wednesday 12 March to comply with two new sets of privacy obligations under the Privacy Amendment (Enhancing Privacy Protection) Act 2012 (Cth).
Businesses that deal with an individual’s personal information in any way must take steps to deal with the new privacy amendments or risk penalties of up to $1.7 million for breaches by corporations and up to $340,000 for breaches by individuals.
Recent proceedings brought against appliance giant Fisher & Paykel by the Australian Competition and Consumer Commission (ACCC) offer businesses a timely reminder to consider whether their communications around extended warranties are in compliance with the policies enshrined in the Australian Consumer Law (ACL).
On 26 October 2013, the Queensland Parliament passed the Directors’ Liability Reform Amendment Act to give effect to its promise to introduce legislation to reduce the liability of directors and officers in Queensland. The Act took effect on 1 November 2013.
The legal definition of what constitutes a charity has developed over the past 400 years, dating back to the Charitable Uses Act 1601, commonly known as the Statute of Elizabeth.
A recent decision by the NSW Court of Appeal concerning parties making claims against directors and officers provides some certainty for directors and insurers with regard to the proceeds of D&O policies.
The Australian Competition and Consumer Commission (ACCC) and Federal Court have recently demonstrated that they will take a strong stance against businesses that use unfair terms in their standard form consumer contracts.
An earlier judgment that suggested that directors may be unable to rely on Directors’ and Officers’ (D&O) liability insurance to fund defence costs has been reversed. The overturned decision had effectively prevented directors accessing a single policy, intended to cover both defence costs and claims for damages, where a civil
Following closely on the heels of the High Court’s recent decision in Forrest v ASIC, ASX announced on 17 October 2012 the release for consultation of a new draft Guidance Note 8 on continuous disclosure. Guidance Note 8 was last updated in June 2005.
At the Council of Australian Governments (COAG) meeting on 25 July 2012, all States agreed that the Personal Liability for Corporate Fault – Guidelines for Applying the COAG Principles should apply when drafting future legislation.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.