On 22 June 2022, Australia’s world-first mandatory button battery safety standards come into effect, ending the 18-month transition period. Product liability insurers need to ensure their customers will comply with the new regime as failure to do so may result in legal action, penalties and recalls.
In this update, W+K Product Liability specialists Trent O’Neill and Belinda Henningham look at the wide-reaching implications of the change and the heightened risks for insurers.
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