The small business sector now has a dedicated guideline to assist it to understand the essential elements of trade practices law compliance programs.
The guide was launched by Australian Competition and Consumer Commission Chairman, Mr Graeme Samuel, at the Australasian Compliance Institutes' Regulators Conference in Melbourne today.
"This guide is designed to promote awareness of trade practices compliance issues in the small business sector and offer guidance on how to comply with the Trade Practices Act", Mr Samuel said. "The guide also provides information on what the ACCC is likely to require from a small business should it fail to meet its trade practices obligations.
"Small businesses are encouraged to use this guide and to seek professional advice on what requirements they need to satisfy, whether they are developing a compliance program as a result of a settlement with the ACCC or whether they are implementing a compliance program voluntarily".
The guideline, the second in a series, is available free through the Infocentre, on 1300 302 502 or the ACCC website.
*Please note this publication has been retired.