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ARTICLE · 14 JUNE 2010

Franchisors Must Comply With New Disclosure and Dispute Resolution Requirements From 1 July 2010

From 1 July 2010 Australian franchisors will need to comply with expanded disclosure requirements which not only will mean they must make changes to their disclosure documents, but also must begin collecting new types of information.

AustraliaAntitrust/Competition Law

From 1 July 2010 Australian franchisors will need to comply with expanded disclosure requirements which not only will mean they must make changes to their disclosure documents, but also must begin collecting new types of information.

The changes to the Franchising Code and Trade Practices (Industry Codes — Franchising) Amendment Regulations, released last week by the Australian Government, come from the Government's responses to the Parliamentary Joint Committee on Corporations and Financial Services' report, Opportunity Not Opportunism: Improving Conduct in Australian Franchising, and the expert panel report, Strengthening Statutory Unconscionable Conduct and the Franchising Code of Conduct.

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