The benchmark reference document for companies in all sectors and of all sizes, has been released after a complete revision.

According to Printing Industries, the document is an aggregation of several years in-use feedback and months of research by a Printing Industries’ legal team to ensure it reflects changes in technology, contemporary legislation and the new Personal Properties Securities Act.

It covers a range of issues industry companies may encounter including under and overs; copyright; quotations; invoicing and charges; goods delivery, collection and rejection; payment methods, interest and terms; nonpayment clauses; liability with proofs, electronic data, customer data and loss; periodicals – scheduling, style alteration, overset, outside work, customer materials, insurance and responsibility.

Ideas, electronic media handling and storage is also covered along with the GST and recently introduced Personal Properties Securities Act.

The project was managed by Hagop Tchamkertenian, national manager for policy and government affairs at Printing Industries and supported by the association’s legal team.

Tchamkertenian says, “The team went through the document line by line over many months and carried out the necessary updates to ensure that it reflected contemporary legislation and changes in customer engagement and the kind of work being handled by our members.

“They were assisted by Melbourne based legal firm Landers and Rogers in relation to the new Personal Properties Act. We now have the most comprehensive Recommended Terms and Conditions of Trading available for almost a decade.”

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