The Review Of The Australian Franchising Code Of Conduct - Key Recommendations & What They Could Mean For You

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On 17 May 2013, The Department of Industry, Innovation, Climate Change, Science Research and Tertiary Education released its report (Report) following an independent review of the Franchising Code of Conduct (Franchising Code).

The four month review, conducted by industry expert, Mr Alan Wein, has resulted in 18 recommended changes to the Franchising Code dealing with disclosure, good faith, dispute resolution and the introduction of fines and penalties.

Please see full publication below for more information.

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Topics:  Covenant of Good Faith and Fair Dealing, Disclosure Requirements, Dispute Resolution, Enforcement, Franchise Agreements, Franchises, Penalties, Transparency

Published In: General Business Updates, Franchise Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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