Competition and consumer (industry codes - Franchising) Regulation 2014

Franchising Code changes in force

In November 2020, the Department of Industry, Science, Energy and Resources (Government) released its Exposure Draft proposing amendments to the Franchising Code of Conduct (Code).  The proposed amendments sought to implement the commitments the Government made in August 2020 in response to the Parliamentary Joint Committee’s March 2019 Fairness in Franchising Report which identified a range of regulatory matters to be addressed in the franchising sector.  Since the Exposure Draft’s release, multiple changes have come into force under the Code.  This article outlines these changes. [Read more…]

Who is an “officer” in business dealings?

The term “officer” (Officer) is used in various statutory contexts including (but not limited to) the Corporations Act 2001 (Cth) (Act) and also in the Franchising Code of Conduct (Code) located in Schedule 1 of the Competition and Consumer (Industry Codes-Franchising) Regulation 2014 (Cth) (Regulation).   It is also often referred to in the context of liability of “Officers” of corporations.   Given the statutory use of this term, the question is just who is an Officer as defined in the Corporations Act? [Read more…]

What are cooperative marketing funds?

Cooperative marketing funds allow franchisors to combine contributions from franchisees, to undertake advertising or promotional campaigns on behalf of the entire network.  This framework allows franchisors to implement marketing that would otherwise have been beyond reach financially.  However, it is important franchisors are aware of their obligations under the Competition and Consumer (Industry Codes – Franchising) Regulation 2014 (Franchising Code). [Read more…]

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