Franchising Code of Conduct
The Franchising Code of Conduct is a mandatory code applied to all business arrangements that fall under the code's definition of a franchise. You will need to get a copy of the code if you are buying a franchise business.
The franchising code covers 3 key areas:
- The code requires a franchisor to provide a disclosure document to prospective franchisees to help them make reasonable and informed decisions about buying a franchise.
- The code requires a franchisor to provide a franchisee with certain rights in relation to franchise agreements.
- The code includes dispute resolution procedures for franchise agreements entered into on or after 1 October 1998.
The Australian Competition and Consumer Commission (ACCC) is responsible for enforcing the code. Copies of the code and the franchisee's manual can be obtained from the ACCC.
- Contact a franchising industry association for seminars, events and networking opportunities.
- Last reviewed
- November 15, 2013