(Section 45 of the Competition and Consumer Protection Act Number 24 of 2010)
A company that practices unfair trading is liable to a fine not exceeding 10% of that company’s
annual turnover or one hundred and fifty thousand penalty units (whichever is higher).
In real terms, that is a potentially huge liability! It is also huge liability that is
totally avoidable.
Come and have a conversation with us, we are here, ready and able to help ensure that your
company does not have to pay any fine and ultimately, we are here to ensure that your
company thrives.
***A trading practice is unfair if it misleads consumers, compromises the standard of honesty
and good faith which an enterprise can reasonably be expected to meet. A trading practice is
also unfair if it places pressure on consumers by use of harassment or coercion and
thereby distorts or likely distorts the purchasing decisions of consumers.
Disclaimer: The information expressed in this document is for general purposes only. It does not in
any way constitute legal or professional advice.