Ban on excessive payment surcharging
The Competition and Consumer Amendment (Payment Surcharges) Act 2016 commenced on 25 February 2016. The Act insert a new...
The Competition and Consumer Amendment (Payment Surcharges) Act 2016 commenced on 25 February 2016. The Act insert a new section into the Competition and Consumer Act 2010 (CCA) which bans excessive payment surcharges. The introduction of this ban now prohibits excessive surcharges relating to payments covered by a Reserve Bank...