MedTech Seminar in July

Trade Practices Act Update

Guest Speaker: Mark McCowan, Senior Associate, Corrs Chambers Westgarth

Facilitated by: Warren Mitchell, Manager Commercial Issues, MTAA

Date: Wednesday 29 July 2009

Time: 4:30 - 5:30pm followed by refreshments until 6:30pm (Registration from 4:15pm)

About the Seminar:

What do the recent and upcoming changes to the Trade Practices Act mean for the medical technology industry?

Most significant of these changes are the cartel conduct amendments, which comprehensively reform the laws in the Act governing arrangements formed between competitors. The amendments introduce criminal penalties (including goal terms), significantly expand the reach of the current provisions and have a range of possible implications for ordinary commercial arrangements (including, for example, complex distribution arrangements and R&D joint ventures). The amendments have been passed by Parliament and are expected to commence during the next month.

This presentation will explain the operation of the new provisions, look at the implications for ordinary commercial arrangements in the medical technology sector and discuss practical compliance and risk management steps.

The presentation will also review upcoming changes to the Act, including the proposed regulation of "unfair" contractual terms and creeping acquisitions and proposed changes to the concept of an "understanding" between corporations.

Venue: Vibe Hotel, 88 Alfred Street, Milsons Point, Sydney

Cost: Members - $75 (incl. GST), Non-members - $150 (incl. GST)

Registration: Follow this link to register or call (02) 9900 0650 for information on how to register.

Questions: Marion Demann, Corporate Communications Manager, (02) 9900 0650 or by email reception@mtaa.org.au