Call Us Today 07 3087 3493
Home >  Blog >  Monetary Penalties for Franchisors and Franchisees

Monetary Penalties for Franchisors and Franchisees

Posted on 15 September 2014

As from 1 January, 2015 the ACCC will have the power to issue infringement notices of $8,500 to franchisors and franchisees who breach the Franchising Code of Conduct.

The Courts will have the power to impose pecunary penalties of up to $51,000 for those breaches.

We are still waiting on the definite changes to the Code and Disclosure Document after the exposure draft was released earlier this year.

Tags: News

latest news

Franchisor Action Response - Franchise Review

Mar 18 2019
The recommendations from the Parliamentary Committee were relased last week. This link will take you to a summary of the recommendations that relate to the franchise industry and a recommended action plan for franchisors: View here: Fra...

Quick Question?

Liability limited by a scheme approved under professional standards legislation

Brisbane Office Address: Level 36, Riparian Plaza,
71 Eagle Street, Brisbane,
Queensland, Australia, 4001

Gold Coast Office Address: PO Box 428,
Oxenford,
Queensland, Australia, 4210