You will need to comply with the Franchising Code of Conduct if your business is involved in franchising in Australia. The code sets out rules for how franchising participants must do business.
The purpose of the code is to:
- improve standards of conduct in the franchising industry
- address the power imbalance between franchisors and franchisees and prospective franchisees
- increase access to information to inform decision making and minimise disputes
- provide a fair dispute resolution process.