Australian government announces major changes to Franchising Code and Competition and Consumer Act
By Rebecca Bedford, Kate Watts and Ben Dodgshun
The minister for small business, the Hon Bruce Billson MP, has released an exposure draft of amendments to the Franchising Code of Conduct and relevant provisions of the Competition and Consumer Act 2010 (CCA) for public consultation.
Franchisors will now also face penalties for not complying with the code.
The amendments will apply to franchise agreements entered into or renewed on or after 1 January 2015. The changes follow an extensive review of the code conducted by Alan Wein, which commenced in January 2013. The key changes proposed in the exposure draft are summarised below…
Click on the link below to read the rest of the Minter Ellison briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Minter Ellison
News from The Lawyer
Briefings from Minter Ellison
China plans new pilot free trade zones (FTZs) for Guangdong, Tianjin and Fujian
The ASX has amended its operating rules to enhance disclosure requirements and facilitate the expansion of exchange traded funds.