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STATUTES AMENDMENT AND REPEAL (AUSTRALIAN CONSUMER LAW) ACT 2010 (NO 23 OF 2010) - SECT 29

29—Amendment of section 97—Regulations

Section 97(2) and (3)—delete subsections (2) and (3) and substitute:

        (2)         Without limiting the generality of subsection (1), the regulations may—

            (a)         be of general or limited application; and

            (b)         confer powers or impose duties in connection with the regulations on the Minister, the Commissioner or an authorised officer; and

            (c)         exempt a specified person or class of persons, or a specified transaction or class of transactions, from compliance with this Act or a specified provision of this Act, either absolutely or on conditions or subject to limitations; and

            (d)         make different provision according to the classes of persons, or the matters or circumstances, to which they are expressed to apply; and

            (e)         prescribe codes of practice to be complied with by traders; and

            (f)         incorporate, adopt, apply or make prescriptions by reference to, with or without modifications, any document formulated or published by any body or authority as in force at a particular time or from time to time; and

            (g)         make provisions of a saving or transitional nature—

                  (i)         consequent on the amendment of this Act by a relevant Act; or

                  (ii)         relevant to the interaction between this Act and a relevant Commonwealth Act; and

            (h)         fix expiation fees, not exceeding $1 200, for alleged offences against this Act or the regulations; and

                  (i)         impose penalties not exceeding $2 500 for contravention of, or failure to comply with, a regulation.

        (3)         A provision of a regulation made under subsection (2)(g) may, if the regulation so provides, take effect from the commencement of a relevant Act or relevant Commonwealth Act or from a later day.

        (4)         In this section—

"relevant Act" means the Statutes Amendment and Repeal (Australian Consumer Law) Act 2010 ;

"relevant Commonwealth Act" means—

            (a)         the Trade Practices Amendment (Australian Consumer Law) Act (No 2) 2010 of the Commonwealth; or

            (b)         any other Act of the Commonwealth relevant to the interaction between this Act and the Competition and Consumer Act.



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