From hallandwilcox.com.au: A new Franchising Code of Conduct will come into effect on 1 April 2025, replacing the current code and introducing significant changes for franchisors, including increased penalties for non-compliance and expanded disclosure obligations.

Key updates mandate compensation for franchisees in certain early terminations, revised termination rights for franchisors, and stricter obligations related to common purpose funds.

Franchisors must review and update their franchise agreements and disclosure documents to comply with the New Code before the implementation date.