People looking to establish a franchise often ask us whether the franchise system needs to be “registered” in Australia. The term franchise system as defined by section 4 of Schedule 1 – Competition and Consumer (Industry Codes – Franchising) Regulation 2014 (Code) “includes a business system in which a franchisor grants a franchise to a franchisee”. [Read more…]
Changes to the Franchising Code of Conduct
April 16, 2014 by
The Commonwealth government has released draft amendments to the Franchising Code of Conduct (Code). The amendments, which are set to take effect 1 January 2015, will require participants in the franchising industry to rethink their disclosure practices.
