Business & Commercial Law

Have you reviewed your contracts for fairness? Here’s why all businesses need to act now!

The scope of the unfair contract terms (‘UCT’) regime has recently expanded. Businesses, including small business, are now potentially exposed to substantial penalties for any failure to comply with these regulations. These amendments take effect from 9 November 2023, under the Australian Consumer Law (‘ACL’) and the Australian Securities and Investments Commission Act 2001 (Cth).

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Incorporated Limited Partnerships

Introduction An incorporated limited partnership (“ILP”) is a type of partnership structured around the traditional model with some important differences.   Set out below are the various ILP structures, what they are, the legislation with which they must comply and their use in Australia. Partnerships A partnership is a common business structure that involves two or more persons

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