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ARTICLE · 21 JULY 2012

Franchise Council of Australia seeks input to Code review

Norton Rose Fulbright Australia
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The Franchise Council of Australia is seeking input to effectively contribute to the 2013 review of the Franchising Code.

AustraliaCorporate/Commercial Law
Stephen Giles
Stephen Giles
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The Franchise Council of Australia (FCA) is seeking input from franchise systems to enable it to effectively contribute to the review of the Franchising Code of Conduct flagged for 2013.

The FCA is keen to ensure that the Code review is thorough, and any changes to the Code improve the regulatory framework and do not impose an unreasonable compliance burden.

The Norton Rose Australia franchising team is compiling a comprehensive submission to supplement the FCA's official submission. Our submission will focus on drafting and interpretative changes that will reduce compliance costs, and make disclosure more meaningful. To date we have identified the following key areas for improvement:

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