Franchisors Penalised for Breach of Franchising Code of Conduct

Cash Converters and MTA Travel have been penalised for failing to update their information on the Franchise Disclosure Register. The Australian Competition and Consumer Commission (ACCC) has finally taken action, imposing penalties of $16,500 on each franchisor for non-compliance.

This move signals to the franchising industry that maintaining up-to-date registration on the Franchise Disclosure Register is non-negotiable. While the penalties may seem modest, they underscore the ACCC’s intent to enforce compliance.

The process is straightforward—the ACCC can easily identify non-compliance through a clear notification on the register, visible to all parties, making it simple to enforce these rules.

Concerned about your franchise compliance? Contact The Franchise & Business Lawyers for expert advice.