Businesses that sell goods under a Retention of Title Clause (Romalpa Clause) should talk to their legal advisors in relation to their responsibility under the Personal Properties Securities Act, particularly relating to the information that needs to be supplied to the Personal Properties Securities Register.
The other change in new legislation affecting small businesses started on the 1st January 2012. This was the new Work Health and Safety Laws. If you haven't already conducted a review of your business operations to ensure that your business is complying with the regulation, we recommend that you do so at the earliest opportunity.
If you have any queries on your responsibilities under the new legislation, please contact your employment advisors, or contact us and we will refer you to an employment advisor.
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