codes
of practice (rules of conduct) - ACL
Under Australian Consumer Law, Codes of Practice are a form of regulation and is an
alternative to legislation. Through such codes, industries are able
to have a degree of self regulation. This means that the regulations
adhered to are specific to the particular industry and hence may be
more suitable for that industry than general regulations would be.
Businesses
that breach a code which they have agreed to abide by can be asked by
the Director of Consumer Affairs to change their behaviour so that it
complies with the code. The Director can also ask these businesses to
take action to rectify the consequences of the breach. If they do
not, the Court can issue an order compelling them to do these things.