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QUESTION 1 There are a number of key provisions of relevant legislation and regulations from all levelsof government that may affect aspects of business operations, such as:anti-discrimination legislationethical principlescodes of practiceprivacy lawshealth and safety legislationconsumer lawfinancial legislation, credit procedures legislation and regulationsWhy is it necessary to have a working knowledge of the legislation involved in business?(100–150 words)In modern society nowadays, both the proprietors and the employees must know about andcomprehend the legal requirements. In other words, legal requirements for the bosses andworkers in here which means that being aware and understanding industrial laws areextremely significant for both the proprietors and employees. Industrial laws require peopleto be treated equally. The laws of various countries require that in employment, in purchasertransactions and in political participation people must dealt with on an equal foundationregardless of ethnicity, sex, race, religion and nationality. Understanding industrial laws isimportant for the proprietors because it assists the managers or proprietors of a company inadvertising a position, the arrangements for employing a new employee, the data soughtform a forthcoming employee and the conduct of an interview.QUESTION 2What is the aim of health and safety legislation and what responsibilities does it place onemployers? What records need to be kept under health and safety legislation? (100–150words)
Obviously, if a workplace is not compliant with WHS legislation, then negative effects areliable to appear. Negatives such as prosecution and fines, harmful publicity, injured workers,fatalities, disabled workers, lower worker morale, lost production time and rising workerscompensation cost.WHS compliance is particularly important for a PCBU and its officers because under the WHSAct:-An Officer must exercise due diligence to ensure that the PCBU complies with anyduty or obligation they have under the WHS Act.But PCBUs and Officers are not always in the workplace where the action is. An effective wayof dealing with this is for a PCBU or Officer to obtain a review of the state of WHScompliance in their workplace at regular intervals.QUESTION 3What are industrial awards and issues covered by them? (100–150 words)In general, an award applies to employees in a particular industry or occupation and is usedas the benchmark for assessing enterprise agreements before approval. Fair Work Australiahas responsibility for making and varying awards in the national workplace relations system. In general, an award applies to employees in a particular industry or occupation and is usedas the benchmark for assessing enterprise agreements before approval.