Consumer law reform

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Real estate business fined under consumer protection legislation

By Louise Power What do real estate businesses need to know? We have reported recently on the Competition and Markets Authority’s investigation into potential breaches of consumer protection law within the leasehold housing market.  We have also published various earlier briefings [1] in which we have: flagged to housebuilders/developers and other businesses operating within the real estate industry, the […]

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The Goods and Services Tax Act (GST Act) presently provides an exemption for the sale of a ‘going concern’ or for the sale of ‘farmland’. Where the exemption requirements are met, such sales are treated as ‘GST-free’ supplies that are not subject to GST. On 14 December 2013, the assistant treasurer Arthur Sinodinos announced that the […]

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