Retail and Franchising (25)

Franchising Update - October 2015

Thursday, 15 October 2015

Welcome to HWL Ebsworth's October Franchising Update. This month's update features the following articles:

  1. Increase in the amount of fines and penalties under the Code
  2. Disclosure Documents: Annual Updating Requirement

The franchise industry is now in the spotlight following recent allegations that the convenience store franchise 7-Eleven has engaged in mass underpayments of its employees.

On 28 April 2015, the federal government released draft legislation to amend the Australian Consumer Law (ACL) to extend unfair contract terms protection laws to the small business sector. This long awaited draft legislation is likely to catch a high proportion of franchise agreements. This has potentially profound implications for the franchising sector in Australia.

The new Franchising Code of Conduct (Code) came into effect earlier on 1 January 2015.

Today the Commonwealth Minister for Small Business, the Honourable Bruce Billson MP introduced into Parliament the Competition and Consumer Amendment (Industry Code Penalties) Bill 2014 (the Bill).

Amended Code Released

Thursday, 03 April 2014

The Federal Government has today released an exposure draft and timetable for implementation of amendments to the Franchising Code of Conduct.

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