FRANCHISING LAW AND PRACTICE IN AUSTRALIA

Franchising law and practice in Australia encompasses a comprehensive framework designed to regulate the relationship between franchisors and franchisees. The primary legislation governing franchising in Australia is the Franchising Code of Conduct, which establishes minimum standards of conduct and disclosure requirements for franchisors. It covers aspects such as franchise agreements, disclosure documents, cooling-off periods, and dispute resolution mechanisms. The Australian Competition and Consumer Commission (ACCC) plays a crucial role in enforcing compliance with the code and investigating any breaches. Additionally, there are specific state-based laws and regulations that may apply to franchising activities within certain jurisdictions. It is essential for both franchisors and franchisees to understand and comply with these legal requirements to ensure a successful and legally sound franchising operation in Australia.