An agreement is considered to be unsolicited when:
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a supplier/salesperson approaches or telephones a consumer without that consumer having invited this contact;
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negotiations take place over the phone, or in person at a location other than the supplier’s premises; and
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the total value of the agreement is more than $100, or the value was not ascertainable at the time the agreement was made.
In the event of a dispute, the onus is on the business to prove that an agreement is not an unsolicited consumer agreement.
There are a number of requirements in relation to unsolicited consumer agreements. Most notably, there is a cooling-off period of 10 business days to consumers who are offered such an agreement. For more information see the unsolicited selling factsheet.
It should also be noted the Corporations Act 2001 prohibits unsolicited hawking of securities, certain financial products and managed investment products. More information is available from the Australian Securities and Investments Commission (ASIC).