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StatuteCompetition and Consumer Act 2010

Section 180 — Competition and Consumer Act 2010: Repayment of payments received after termination

Text of the provision Official document

(1) The supplier under an unsolicited consumer agreement commits an offence if: (a) the agreement is terminated in accordance with section 82; and (b) the supplier does not immediately refund to the consumer under the agreement any payment: (i) that the consumer, or a person acting on the consumer’s behalf, makes to the supplier after the termination; and (ii) that purports to be made under the agreement or a related contract or instrument. Penalty: (a) if the person is a body corporate—$50,000; or (b) if the person is not a body corporate—$10,000. (2) Subsection (1) is an offence of strict liability.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.