Australian Competition and Consumer Commission has launched a guide for the small business sector to assist it to understand the essential elements of trade practices law compliance.ACCC chairman Graeme Samuel said the guide was 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."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," Mr Samuel said."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, at www.accc.gov.au.
© Business News 2018. You may share content using the tools provided but do not copy and redistribute.