Commonwealth Numbered Acts

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YEAR 2000 INFORMATION DISCLOSURE ACT 1999No. 2, 1999 - SECT 3

Simplified outline The following is a simplified outline of this Act:

* This Act provides a framework to encourage the voluntary disclosure and exchange of information about Year 2000 computer problems and remediation efforts.

* A person may make a Year 2000 disclosure statement for the purposes of this Act at any time after the commencement of this Act and before 1 July 2001.

* A person is protected from civil liability for a Year 2000 disclosure statement unless one of the exceptions set out in this Act applies.

* A Year 2000 disclosure statement does not amend a contract unless the parties otherwise agree.

* Arrangements for the disclosure of Year 2000 information are exempt from section 45 of the Trade Practices Act 1974 (which deals with anti-competitive conduct).



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