Section 153 Federal Competition and Consumer Protection Act 2018
Section 153 of the Federal Competition and Consumer Protection Act 2018 is about Power to obtain satisfactory written assurance. It is under Part XVII (Enforcement of Consumers’ Rights) of the Act.
(1) Where it appears to the Commission that an undertaking has in the course of business persisted in a course of conduct which is detrimental to the interests of consumers, the Commission shall use its best endeavors to obtain from the undertaking concerned a satisfactory written assurance that it will refrain from a continuation of that course of conduct.
(2) Where the Commission is unable to obtain from the undertaking in question the assurance referred to in subsection (1), or if that undertaking has given such assurance and it appears to the Commission or the States office that the undertaking has failed to observe the assurance, the Commission shall cause proceedings to be commenced against such undertaking in a court of competent jurisdiction to refrain the undertaking from continuing that course of conduct.
(3) The Commission may order a temporary closure of any premises or facilities reasonably believed to be carrying on in a manner detrimental to the interest of consumers until the Commission is satisfied otherwise or pending the commencement of action.
