Unfair contract terms in focus
Peregrine Storrs-Fox, risk management director at the TT Club, has looked at unfair contract terms in the UK in the light
of a significant legal change in Australia. He explained: “Legislation passed by the Australian government has extended protection
against unfair terms in standard form contracts beyond consumers to Australian small businesses. This follows a public consultation
process, which highlighted that Australian small businesses underestimated the risks contained in standard form contracts
and that they, like consumers, should benefit from legislative protection against unfair contract terms.”
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