Recent Changes In Legislation

• Published date: 31 October 2023
• Subject Matter: Litigation, Mediation & Arbitration, Trials & Appeals & Compensation
• Law Firm: ISOLAS
• Author: ISOLAS &nbsp

LN 279/23 Fair Trading Act 2023, Notice of Commencement

Type: Notice of Commencement

Effect: This notice commences the Fair Trading Act 2023 on 1^st October 2023 apart from the following sections which came into operation on 28^th September 2023:

• 25(1)(f): person carrying on cottage industry, artisan or service provider is not carrying on business if turnover less than '20,000;
• 51: allowing the minister to prescribe fees for the OFT to exercise its functions under the Fair Trading Act 2023;
• 110(1): allowing certain OFT decisions to be appealed;
• 111: general power for the minister to make regulations and issue codes of conduct or consumer codes for licence holders to follow; and
• 112: allowing the minister to make regulations for fees to be paid to the OFT.

LN 280/23 Fair Trading (Appeals) Regulations 2023

Type: Subsidiary Legislation. Made under: sections 110(10), 111, and 112, Fair Trading Act 2023

Commencement: 01/10/2023

Effect: These regulations regulate the procedure for appealing a decision of the OFT under the Fair Trading Act 2023. This includes appeals to the Decision Making Committee and to the Supreme Court.

LN 281/23 Licensing and Fees (Amendment) Act 2023, Notice of Commencement

Type: Notice of Commencement

Effect: This notice commences the Licensing and Fees (Amendment) Act 2023 as from 1 October 2023, which removed the requirement in the Licensing and Fees Act for licences to carry on the business of an auctioneer, baker, guide, porter or broker.

LN 282/23 Fair Trading (Payment of Fees) Regulations 2023

Type: Subsidiary Legislation. Made under: sections 51, 111, and 112, Fair Trading Act 2023

Commencement: 01/10/2023

Effect: These regulations set out the fees payable for the issue, transfer, extension, removal, alteration, and renewal of licences by the OFT.

LN 283/23 Fair Trading (Annual Turnover) Regulations 2023

Type: Notice of Commencement. Made under: sections 25(1)(f) and 111, Fair Trading Act 2023

Commencement: 01/10/2023

Effect: These regulations set the upper limit of the turnover at '20,000 for a business to be considered a cottage industry, artisan, or service provider (and thus deemed to not be carrying on a business for the purposes of the Fair Trading Act 2023). This upper limit of '20,000 does not apply to a person who carries on a specified business (which includes tattooing, administering a substance into the body of a person, providing therapy and counselling, and the management, organisation or provision of healthcare...