Review of Franchising Code of Conduct

The Minister for Small Business and Tourism has announced that the Australian Government will review the disclosures section of the Franchising Code of Conduct.

The disclosures section includes information requirements that
franchisors must disclose to prospective franchisees, before deciding
to purchase a franchise. The review will consider all available
evidence and make any necessary recommendations to improve the Code.

The mandatory Franchising Code of Conduct was introduced in 1998 to
improve fair trading in the franchising sector. The Code is supported
by the Office of the Mediation Adviser to ensure speedy resolution of
disputes.

Submissions should be made by August 15 and can be sent to Review of
Franchising Code, c/o Office of Small Business, GPO Box 9839 CANBERRA
ACT 2601.

 

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