In the United States a variety of laws at both the federal and state levels regulate consumer affairs. Among them are the Federal Food, Drug, and Cosmetic Act, Fair Debt Collection Practices Act, the Fair Credit Reporting Act, Truth in Lending Act, Fair Credit Billing Act, and the Gramm–Leach–Bliley Act.
What is the legislation relating to consumer protection briefly describe the intent of the legislation?
The Competition and Consumer Act 2010 (CCA) covers most areas of the market: the relationships between suppliers, wholesalers, retailers, and consumers. Its purpose is to enhance the welfare of Australians by promoting fair trading and competition, and through the provision of consumer protections.
What are 3 consumer protection laws?
Some key federal consumer protection statutes include the Federal Trade Commission Act (“FTC Act”), the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”), the Gramm-Leach-Bliley Act (“GLB Act”), the Truth in Lending Act (“TILA”), the Fair Credit Reporting Act (“FCRA”), the Fair Debt …
What legislation protects consumers in Australia?
The ACL is a national law to protect consumers. The Australian Competition and Consumer Commission (ACCC) alongside the state and territory consumer protection agencies jointly administer the ACL.
What is the legislation relating to consumer protection NSW?
Consumer protection in New South Wales is governed by the Fair Trading Act 1987. This Act applies Australian Consumer Law, as defined in Schedule 2 of the Competition and Consumer Act, as the law in the state. The Act is administered by Fair Trading NSW, which is a division of the Department of Customer Service.
What are the legislations?
Legislation is a law or a set of laws that have been passed by Parliament. The word is also used to describe the act of making a new law.
How does legislation and regulation affect customer service?
Health and safety legislation affects customer service delivery as it requires staff in an organization to: ensure the safety of themselves and others. … ensure all advice covers the safe use of products and services. have up-to-date knowledge of organisational policies and procedures relating to health and safety.
What is the legislation relating to consumer protection Victoria?
The law that protects consumers in Victoria is the Australian Consumer Law and Fair Trading Act 2012. Consumer laws put restrictions on your business to ensure you’re fair in the way you: trade (online and in-person)
What is NSW legislation?
A law is a rule or set of rules passed by the Parliament and assented to by the Governor. Laws made by the Parliament (also known as ‘legislation’) include Acts and statutory instruments.
What legislation affects Australian businesses?
The Corporations Act 2001 is the main legislation regulating companies in Australia. It covers companies and other entities, such as partnerships. The Corporations Act regulates matters including how to register a company and how businesses should behave during insolvency.