From colemangreig.com.au: Franchisors must review their documentation due to new obligations under the Competition and Consumer (Industry Codes – Franchising) Regulations 2024, effective April 1, 2025.

Key changes include requirements for franchise agreements to ensure a return on franchisee investment, provide compensation upon early termination, and comply with new disclosure and record-keeping regulations.

Franchisors face potential penalties of up to $198,000 per breach for non-compliance with the new Code.