RSSCategory: Franchising

Jun

26

Franchising

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FRANCHISING CODE OF CONDUCT AMENDMENTS 1 July 2010   The Franchising Code of Conduct (the Code) has been amended by the Trade Practices (Industry Codes – Franchising) Amendment Regulations 2010.  The amendments start from 1 July 2010 and apply to all Franchise Agreements entered into on or after 1 July 2010.     WHAT ARE THE AMENDMENTS? Risk […]

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Jun

26

Franchise Agreements as opposed to License Agreements

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The definition of a franchise agreement under the Franchising Code of Conduct (“the Code”) is very broad, capturing a wide range of agreements, such as licensing and distribution agreements, not traditionally considered to be a franchise.  The Australia Competition and Consumer Commission who are responsible for enforcing the Code also take a broad approach to […]

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Jun

26

Franchise Agreement within QLD

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What is a Franchise AGREEMENT WITHIN QUEENSLAND AND AUSTRALIA? A Franchise is a business arrangement which allows another person to operate under the name of the established brand. Probably the most famous example of a Franchise is McDonald’s. The owner of the established brand (the Franchisor) will grant to a person who wants to set […]

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Jun

17

Changes to Franchising Code

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CHANGES TO THE FRANCHISING CODE OF CONDUCT THAT CAME INTO EFFECT ON 1 MARCH 2008 The Federal Government has passed amendments to the Franchising Code of Conduct (the “Code”). These amendments came into effect on 1 March, 2008.  Franchisors must now comply with the amended Code. If you are unaware of these changes below is […]

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