×

Franchising Code of Conduct Review – Report Released Today

The 2013 Review of the Franchising Code of Conduct Report undertaken by Mr Alan Wein was today released to the public.

Mr Wein’s report was submitted to the Minister for Small Business on 30th April. His task was to prepare a report on his findings and recommendations in regards to:


  • Good faith in franchising;
  • The rights of franchisees at the end of the term of their franchise agreements, including recognition for any contribution they have made to the building of the franchise; and
  • The operation of the provisions of the Competition and Consumer Act 2010 as they relate to enforcement of the Franchising Code.

The final report made 18 recommendations of change to the Franchising Code of Conduct in regards to the above matters. You can read the full report here:

https://www.innovation.gov.au/SmallBusiness/CodesOfConduct/Documents/ReviewoftheFranchisingCodeofConduct.pdf

It is now in the hands of the Government to respond to the review. We will keep you updated on the steps being taken to make changes to the Code as they unfold.

Please phone us on (07) 3223 6100 or email peterm@redchip.com.au for any of your franchising enquiries.

Back to Articles
Redchip

Recent Articles

Brisbane
Property: Acquisition & Transaction Structures

At our Wednesdays With Redchip event in July, experts from our property team discuss put and call options and development structures.

Read more
ashraf-ali-JLW-T4LiJCw-unsplash
Land tax changes from 30 June

From midnight on 30 June 2019, the Queensland Government will introduce changes to its land tax rates, including changes to the absentee surcharge and a new surcharge for foreign companies and trustees.

Read more
Beautiful Woman Portrait Against The Brick Wall
Estate Planning for Advisers

Professional advisers, such as accountants and financial planners, are in an ideal position to help their clients prepare for the inevitable by taking steps to get their Estate Planning sorted.

Read more