An Introduction To Business Law In Australia
In addition to navigating international business law, businesses in Australia must work closely with national business lawyers to understand how business and law intersect within their native country. Australia has a number of unique law and business regulations that can affect how businesses operate. Some of the primary areas of Australian business law are described below.
My Lawyers are able to represent you in the following business law areas:
1. Buying and Selling A Business
Under Australian law when buying and selling a business it is considered important to carry due diligence and engage lawyers and other expert consultants to assist you in the process.
My Lawyers have many years of experience in the process of buying and selling a business and engaging with other experts to assist you in completing the process without suffering unnecessary complications, costs, expenses and/or loss and damage.
2. Competition Laws
In order to ensure fair trading, the Australian government has implemented a statutory framework governing matters of competition. While the bulk of this framework is administered by the Australian Competition and Consumer Commission (ACCC), there are additional competition laws to consider in many Australian states and territories.
3. Consumer Laws
The Australian Consumer Law (ACL) commission is in charge of overseeing a number of legal areas related to fairness and integrity toward the consumer. These include contract terms, lay-by agreements, consumer rights regulations and guarantees, product safety laws, unsolicited consumer agreements, and more.
4. Product Liability Regulation
The Australian government has a duty to ensure that toxic, faulty, or otherwise dangerous products are never marketed in Australia. This is another area of law that is regulated by the Australian Competition and Consumer Commission (ACCC), which sets the standards for what constitutes a safe product in Australia. Enforcement of these rules, however, can vary somewhat between the states and territories.
5. Environmental Legislation
Environmental legislation, which works to protect Australia's fragile ecosystems and human health, is an exercise in cooperation between the Australian Government, state and territory governments, and local governments. The national government enforces assessment and approval regulations, while state and territory governments legislate specific business activities.
6. Privacy Laws
Privacy laws, which are the duty of the Office of the Australian Information Commissioner (OAIC), regulate how businesses may handle and store personal information (including information derived from communications). Australian states and territories usually have additional unique individual privacy laws that aim to regulate privacy in local workplaces.
Getting Help With Business Law
Without the help experienced of business lawyers it is extremely difficult to help track of all the rules and regulations described above so it's best to leave business law to the professionals so call My Lawyers for legal guidance with business law in Australia that you can trust.
Remember that it's never too early to start working with experienced business lawyers. My lawyers are available to help ensure that your business begins and remains on a solid legal foundation. Engage My Lawyers at an affordable rate and begin to use business law in your favour today.
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