THE CONSUMER PROTECTION ACT (PART 1)
We will now examine some introductory aspects of a
law which impacts on the lives of each and every person on a daily (if not
more) basis – CONSUMING FROM THE MARKETPLACE (by means of PRODUCTS
and/or SERVICES)
What is this Act all about?
- · It promotes a fair, accessible and sustainable marketplace for consumer products and services
- · It establishes national norms and standards to ensure consumer protection
- · It makes provision for improved standards of consumer information, to prohibit certain unfair marketing and business practices
- · It promotes responsible consumer behaviour
- · It promotes a consistent legislative and enforcement framework, related to consumer transactions and agreements
- · It establishes the National Consumer Commission and replaces old Acts (including the Consumer Affairs (Unfair Business Practices) Act of 1988; Trade Practices Act of 1976; Sales and Service Matters Act of 1964; Price Control Act of 1964; and Merchandise Marks Act of 1941 (specifically Sections 2-13, and 16-17)
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