Posted by Elizabeth Gore-Jones
on 15 December 2023
On 15 December 2023, the ACCC issued a media release urging franchisors to urgently review and amend their standard form franchise agreements or to be prepared for potential enforcement action after a review of franchising contracts found wide-ranging concerns.
The ACCC issued a report which can be found here.
You will note that the ACCC has published its findings after completing targeted franchising compliance checks.
ACCC Deputy Chair Mick Keogh said, “We are concerned that franch...
Posted by Elizabeth Gore-Jones
on 14 December 2023
Delicia Franchising has admitted in an undertaking provided to the ACCC that it breached the Franchising Code.
The ACCC identified that the Franchisor’s Annual Marketing Fund Statement for a number of years had not provided sufficient detail of the receipts and expenses for the Fund.
Also, the Franchisor did not provide the financial statements within 30 days.
The Franchisor has committed to:
preparing Annual Marketing Fund Statements with sufficient details and giving them to its...
Posted by Elizabeth Gore-Jones
on 6 December 2023
Unwrapping the 12 Days of Legal Christmas!
Join us on a festive journey through contracts, leases, and franchise joys.
Celebrate the season of legality with a touch of holiday spirit! ???
Merry Christmas and a Happy New Year from all of us at The Franchise & Business Lawyers!
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