Adrian Verdnik

Sep 11, 2023 | lexology.com | Philip J. Hopley |David Chew |Alison Choy Flannigan |Adrian Verdnik |Peter Jones |Chris Sacré

Significant changes to the existing unfair contract terms (UCT) regime take effect on 9 November 2023. These changes will broaden the scope of financial products captured by the regime and introduce significant civil penalties (up to $780 million for corporations).