It's back, it's permanent, it's boring
Does your business sell Goods which were pre-packaged prior to November 2011?
Have you been relying on the ACCC's Grace Period to avoid updating your defects warranty?
Can you effortlessly quote the entire script of Ferris Bueller's Day Off on cue?
If you answered yes to all of the above – we're pretty psyched.
If you only answered yes to the first two then you need to be psyched about updating your defects warranty to comply with Regulation 90 of the Australian Consumer Law (ACL).
The transitional period which potentially excused certain businesses from updating their warranties is now over and you may just get owned by the ACCC if you don't hop to it and review your terms and conditions, warranty card and/or marketing material.
Don't forget, offering a defects warranty is entirely optional under the ACL, it's only if you do offer one to consumers that the compliance requirements kick in.
See our earlier link on the kinds of things your updated warranty will need to include to satisfy the Regulation 90 requirements here.
We do not disclaim anything about this article. We're quite proud of it really.
