News

Upcoming legal changes to small business and consumer contracts

Oct 3, 2023 | Business, Partner Message

Calling all Australian business owners – do you know about the upcoming legal changes to small business and consumer contracts?

From 9 November 2023, new Unfair Contract Term laws will be introduced. These new laws will affect all small business and consumer contracts and include heavy penalties of up to $50 million for businesses that don’t comply.

What does this mean for you? If you use the KBDi Design Consultancy Agreement, we’ve got you covered. Sprintlaw ensured our contract was compliant when they conducted their annual review this year.

But for other contracts and agreements, our friends at Sprintlaw have developed a one-minute quiz to help you determine if you’re at risk and see if you’re eligible for a Free Contract Spot Check. If you qualify, their legal experts will look for any unfair terms to help you stay compliant.

You can also access Sprintlaw’s plain English guide to learn what exactly the changes are and how to avoid any potential hefty fines.

Remember, these laws come into play in November, so get started on your review today:

Quiz & Free Spot Check: www.sprintlaw.com.au/uct-kbdi
Guide: www.sprintlaw.com.au/legal-tips

To access your FREE Member-Only KBDi Design Consultancy Agreement, log into your dedicated Members Portal and download the document today.

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