The Draft bill on Consumer Law was presented to the National Consumer Council on 25 March 2013. The new text aims at establishing class action under French law to repair pecuniary losses suffered by consumers in connection with the sale of goods, provision of services or anticompetitive practices. Compensations for pecuniary losses resulting from a physical injury or non-pecuniary losses are not included. The constitution of the class is based on a positive acceptance by the consumer (opt-in) and an action for damages shall only be brought for anticompetitive practices on the basis of a binding decision that punishes competition law breaches, within five years after the adoption of such decision. Among other key measures, the Draft bill aims at strengthening the powers of investigation under Article L.450-3 of the French Commercial Code. The text also aims at reforming the system of penalties for non-compliance of payment terms between businesses and non-compliance with the contractual formalism for trade relations between professionals under Articles L.441-6 and L.441-7 of the French Commercial Code, replacing the current system of civil and criminal penalties by a system of administrative penalties imposed by the DGCCRF (French General Directorate for Competition, Consumption and Fraud - The amount may reach €75,000 for individuals and €375,000 for legal entities). A power of injunction will also be established in favour of the DGCCRF for the implementation of Title IV of the French Commercial Code. The Draft bill also contains several chapters to improve consumer protection. First reading by the French National Assembly is scheduled for early June.