From cgw.com.au: The new Franchising Code, effective from 1 April 2025, replaces the Old Code and introduces key reforms, including updated disclosure obligations and changes in termination rights for franchisors.

Franchise agreements must comply with the New Code if entered into, transferred, renewed, or extended after this date, while existing agreements prior to this date will continue under the Old Code.

Breaches of the New Code can result in significant financial penalties for franchisors, emphasizing the importance of compliance with the new regulations.