Unfair contract terms: it’s time to get your house in order

From 10 November 2023 Australia’s unfair contract terms (UCT) regime will apply to a much, much larger pool of contracts than it has in the past. Businesses that might previously have been comfortable that the UCT regime did not affect them, now need to take notice. At the same time, the regime now attracts significantly increased penalties for non-compliance than it has in the past.