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REGULATORY BODIES (AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION (ASIC)…
REGULATORY BODIES
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION (ASIC)
Corporations Act
(2001)
Monitors market integrity and provides consumer protection
Enforces codes of practice
Operates the Business Names Register
Enforces industry standards
NSW FAIR TRADING
Competition and Consumer Act
(2010)
NSW consumer protection agency
Provides info and assistance on areas such as ethical practices
Services to businesses:
Business licence info
Info for tradespeople
Product safety standards
Trade measurements
NSW ENVIRONMENT PROTECTION AUTHORITY (EPA)
Environmental regulator
Aims to improve environmental performance and waste managment
Environment Administration Act
(1991)
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION (ACCC)
Competition and Consumer Act
(2010)
Monitors
Anti-competitve and unfair market practices
Mergers and acquisitions that cold decrease level of competition
Product safety and liability
Misleading advertising
Enforcement and administration of competition and consumer protection laws