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Commission test drives new unfair contract terms regime
26 FEBRUARY 2016
Commerce Commission test drives
new unfair contract terms regime
The Commerce Commission's recently released telecommunications contract review provides a first look at the implementation approach it is taking to the unfair contract terms regime that came into effect in March last year.
Next in the gun are standard form consumer contracts in the electricity retail, credit and gym sectors, reports on which will be completed this year.
Although most of the telcos conducted their own reviews in advance of the Fair Trading Act reforms, the Commission still uncovered a number of issues in the contracts it examined.
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