Franchisors take care! Further penalties and obligations proposed under the Franchising Code for 2021 (part 1) - Corporate/Commercial Law
To print this article, all you need is to be registered or login on Mondaq.com. The federal government recently released an exposure draft proposing numerous changes to the Franchising Code of Conduct ( Code). The proposed changes are in response to the Parliamentary Joint Committee's Fairness in Franchising Report and seek to improve protections for, and information available to, franchisees. If enacted, the Code will rebalance franchise arrangements in favour of the franchisee and franchisors will face increased obligations and restrictions. Further, for breaches of ...
Source: mondaq.com