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3D printing – new rules for personalised medical devices
Australia's new regulations governing personalised medical devices, including 3D-printed devices, will have significant effects. They narrow the definition of custom-made medical devices, which will continue to be given regulatory exemptions but be subject to more regulatory requirements. ...
AER 2021-22 compliance and enforcement priorities
Our Energy Regulation team provides you with a snapshot of the issues the AER will focus on in its enforcement and compliance activities in 2021-22 and recent developments in the sector. ...
In Touch: new motor vehicle service and repair information laws speed through Parliament; and other developments
Grape Co; new motor vehicle service and repair information laws; Dye & Durham's acquisition of GlobalX; university competition law exemption; digiDirect; Woolworths' acquisition of shares in PFD Food Services ...
Franchising Code amendments locked in – what you need to know
Long-awaited amendments to the Australian Franchising Code have finally been implemented. Changes take effect on 1 July 2021, other than changes to dispute resolution provisions (which came into effect on 2 June 2021), and changes to disclosure documents (which take effect from 1 November 2021). ...
Mandatory FIRB approval thresholds for acquisitions in Australian entities
On, 1 January 2021 significant changes came into effect to Australia's (FIRB) remine. To help you navigate the complexities of these new rules we have compiled a summary of the thresholds for determining whether a proposed acquisition of equity interests triggers an obligation to obtain 'FIRB approval' under the Foreign Acquisitions and Takeovers Act 1975 (Cth) (FATA). ...
WA Government passes Security of Payment reforms
The statutory right to receive payment claimed and the rapid adjudication process, amongst other changes introduced by the Building and Construction (Security of Payment) Act 2021 (WA) (Act), will govern construction contracts entered into after commencement of the Act. ...
Good news for pharmaceutical innovators – Federal Court confirms patent term extensions should be based on patentee's own product
In the appeal decision Ono Pharmaceutical Co, Ltd v Commissioner of Patents [2021] FCA 643 (the Ono decision) the Federal Court has overturned the decision of the Australian Patent Office and confirmed that an application for patent term extension (PTE) should be based on the patentee's own product, not that of a third party or competitor product. ...
ACCC calls for significant reforms to the Murray-Darling Basin water markets
The Australian Competition and Consumer Commission (ACCC) has released the final report of its inquiry into the Murray-Darling Basin (Basin) water markets. ...
Future revenue opportunities anticipated in the Post-2025 National Electricity Market
The Energy Security Board's Post 2025 Market Design Options Paper provides a peek into a future where the system services required to ensure a stable and secure National Electricity Market are unbundled; creating opportunities for market participants to capitalise on alternative revenue streams. ...
Transferring jurisdiction over schemes from the courts to the Takeovers Panel
In the federal budget, the Treasurer announced funding for a public consultation process to consider broadening the jurisdiction of the Takeovers Panel to include members' schemes of arrangement. The idea of transferring jurisdiction over schemes from the courts to the Panel is not a new one. ...