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School

Mercury College Of Arts And Science *

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Course

BSBFIN401

Subject

Accounting

Date

Nov 24, 2024

Type

docx

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4

Uploaded by CommodoreCloverMosquito29

Report
a. Identify one rule from each of the legislation sections below that relates to the development of your operational plan. Describe the relation of each identified rule to your operational plan. Rule refers to a legal requirement that must be followed. Legislation Rule Relation to the Development of Operational Plans Fair Trading Act 1989 (Section 39) i. To be fair and equitable to everyone It is a national regulation that controls fair trade in Australia and dictates how all companies there must interact with their clients, rivals, and suppliers. The Act ensures that consumers are treated properly while simultaneously promoting fair competition amongst businesses. Work Health and Safety Act 2011 (Section 47) ii. Employee protections Act to ensure worker health, safety, and welfare; repeal the Occupational Health and Safety Act of 2000; and for other purposes. Work Health and Safety Act of 2011 is the name of this law. This Act becomes effective on January 1, 2012, or on any later date that may be set by proclamation prior to that date.
b. Identify one right from each of the legislation sections below that relates to the development of your operational plan. Describe the relation of each identified right to your operational plan. Right refers to protections or entitlements given by legal documents. Legislation Right Relation to the Development of Operational Plans Fair Trading Act 1989 (Section 39) i. The main goal of this Act is to increase consumer wellbeing by empowering and protecting consumers, supporting effective competition, and enabling consumers to participate with confidence in markets where both buyers and sellers engage in ethical commerce. It is a national regulation that controls fair trade in Australia and dictates how all companies there must interact with their clients, rivals, and suppliers. The Act ensures that consumers are treated properly while simultaneously promoting fair competition amongst businesses. Work Health and Safety Act 2011 (Section 47) ii. The Work Health and Safety Act of 2011 offers a framework to safeguard the welfare, health, and safety of all employees while they are at work. Additionally, it safeguards the health and safety of everyone else who might be impacted by the work. The WHS Act safeguards all workers, including: employees. Work Health and Safety Act of 2011 is the name of this law. This Act goes into effect on January 1, 2012, or on any later date that may be set by proclamation prior to that date.
c. Identify one obligation from each of the legislation sections below that relates to the implementation of your operational plan. Describe the relation of each identified obligation to your operational plan. Obligation refers to legal duties to pay or do something. Legislation Obligation Relation to the Development of Operational Plans Fair Trading Act 1989 (Section 39) i. To be equal and equitable to everyone It is a national law that controls how all firms in Australia must deal with their customers, competitors, and suppliers and regulates fair dealing in Australia. The Act encourages fair competition among competitors while also guaranteeing that customers are treated properly. Work Health and Safety Act 2011 (Section 70) ii. Employee protections Act to ensure worker health, safety, and welfare; repeal the Occupational Health and Safety Act of 2000; and for other purposes. Work Health and Safety Act of 2011 is the name of this law. This Act goes into effect on January 1, 2012, or on any later date that may be set by proclamation prior to that date..
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