New guide on trade practices for professionals and their associations
Fri, 7 May 2010
The Australian Competition and Consumer Commission (ACCC) has produced the Professions and the Trade Practices Act – a guide to enhance individual professionals and their associations’ understanding of their trade practices responsibilities.
Professionals have been subject to the provisions of the Trade Practices Act since 1996.
Deputy Chair Dr Michael Schaper said that many practising professionals are still not fully aware of their rights and responsibilities and that each year ACCC investigates complaints about breaches of the Act.
The Professions and the Trade Practices Act outlines simple steps that associations can take to minimise the likelihood of breaching the Act. These include:
The obligations of professional associations to ensure that their membership rules and codes of conduct are not anti-competitive, and to educate their members about their legal obligations.
The obligations of professionals in their dealings with fellow professionals and clients.
The processes through which professionals can seek immunity from breaching the anti-competitive provisions of the Act where the public benefits arising from their conduct are significant.
A printed copy of the publication is available at no cost by calling the ACCC Small Business Helpline on 1300 302 021 or it can be downloaded from the ACCC website.
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