Consumer Legislation i. The Indian Contract Act, was passed to bind the people on the promise made in the contract. ii. The Sale of Goods Act, This Act protects consumers against sellers not complying with expressed and implied warranties in the sale contract. iii. The Essential Commodities Act, protects the consumers against artificial shortages created by the sellers by hoarding the goods and thus selling the goods at high prices in black market in respect of essential commodities. iv. The Agricultural Products Grading and Marketing Act, ensures the supply of agricultural commodities at high quality. v. The Prevention of Food Adulteration Act, checks the adulteration of food articles and ensures purity of goods supplied and thus protects the health of consumers. vi. Weights and Measures Act, protects the consumer against malpractices of underweight or under measurement. This Act has been replaced as the Legal Metrology Act, . vii. The Trademark Act, prevents the use of fraudulent marks on the product. viii. The Competition Act, protects the consumers against unhealthy competition. ix. Indian Standard Institution (Certification marks) Act, (Now ISI is known as Bureau of Indian Standards) provides special marks to products fulfilling minimum quality standards and thus ensures supply of quality products to consumers. x. The Drugs and Magic Remedies (advertisements) Act, prohibits advertisement of drugs and remedies claiming to have magical properties. xi. The Drugs and Cosmetics Act, ensures the safety of drugs and cosmetics sold in India. 12th Commerce Unit - - . . AM xii. The Food Safety Standard Act, regulates the manufacture, storage, and distribution of food in safe and wholesome condition to consumers. xiii. The Air (Prevention and Control of Pollution) Act, controls and prevents pollution in India. xiv. The Public Liability Insurance act, provides immediate relief to persons affected by accidents securing while handling hazardous substance. xv. The Narcotic Drugs and Psychotropic Substances Act, prevents the production of narcotic drugs except for educational use.
📖 generic · 12th TN - English Medium · COMMERCE · Page 145poem
Consumer Legislation
Chapter 15: Chapter 16 · COMMERCE
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