Contraventions of the Competition and Consumer Act 2010 and the Australian Consumer Law will attract fines and pecuniary penalties.
Small business helpline: 1300 302 021
Email updates: To receive updates from the ACCC’s Franchising Information Network, email your contact details to email@example.com
Publications: Visit www.accc.gov.au/publications to access more ACCC publications including a copy of the ACCC’s franchisee manual.
Associate (of a franchisor)—a person:
(i) is a partner, director or related body corporate of the franchisor, or a director of a related body corporate or
(ii) for a franchisor that is a proprietary company—directly or indirectly owns, controls, or holds with power to vote, at least 15 per cent of the issued voting shares in the franchisor and
|Failure to act in good faith||subclause 6(1)|
|Failure to create a Code compliant disclosure document||subclause 8(1)|
|Failure to update the disclosure document within 4 months after the end of each financial year||subclause 8(6)|