Trade Practices Amendment (Australian Consumer Law) Act (No. 1) 2010 (44 of 2010)

Schedule 3   Amendment of corporations legislation

Part 1   Unfair contract terms

Australian Securities and Investments Commission Act 2001

3   Subsection 12BA(1)

Insert:

rely on , in relation to a term of a consumer contract, includes the following:

(a) attempt to enforce the term;

(b) attempt to exercise a right conferred, or purportedly conferred, by the term;

(c) assert the existence of a right conferred, or purportedly conferred, by the term.