The Fair Trading Act 1986

The Fair Trading Act protects the public from misleading conduct and unfair trading practices. The Act applies to all aspects of the promotion of goods and services – from advertising and pricing to sales techniques and finance agreements.

The Act prohibits:

 

• misleading conduct
• misleading information about employment, goods or services
• false claims about the price, standard, quality, history or origin of particular goods and services
• pyramid schemes.

The Act also provides for consumer information and product safety standards.