NEW YORK, Feb. 9 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Unfair Contract Terms Regime: Uncertain, unclear and unstable and ultimately unfair?

http://www.reportlinker.com/p0176207/Unfair-Contract-Terms-Regime-Uncertain-unclear-and-unstable-and-ultimately-unfair.html

This strategic brief discusses the Unfair Contract regime that will be introduced into Australia in 2010 and the effects it will have on the financial sector. The brief is divided into four sections. The opening section presents an overview of the new Australian Consumer Law. The second section analyzes the broad effects that the unfair contract regime may have on the banks, the economy and consumers. The third section gives an overview of specific aspects of the regime which banks have explicitly expressed concern and confusion about. The final section will then discuss the legal ramifications for banks under the regime.

Table of Contents:

Introduction

The Background to the Trade Practices Amendment (Australian Consumer Law) Bill 2009

The effects on the economy, banks and consumers under the unfair contract regime

Unclear and undefined aspects of the regime

Regulation and legal Consequences for banks under the regime

Conclusion

To order this report:

Banking Industry: Unfair Contract Terms Regime: Uncertain, unclear and unstable and ultimately unfair?

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