Welcome to HWL Ebsworth's October Franchising Update. This month's update features the following articles:
The franchise industry is now in the spotlight following recent allegations that the convenience store franchise 7-Eleven has engaged in mass underpayments of its employees.
On 28 April 2015, the federal government released draft legislation to amend the Australian Consumer Law (ACL) to extend unfair contract terms protection laws to the small business sector. This long awaited draft legislation is likely to catch a high proportion of franchise agreements. This has potentially profound implications for the franchising sector in Australia.
Today the Commonwealth Minister for Small Business, the Honourable Bruce Billson MP introduced into Parliament the Competition and Consumer Amendment (Industry Code Penalties) Bill 2014 (the Bill).
Australian businesses will soon have to comply with the largest reforms to the Privacy Act 1998 (Cth) (Privacy Act) in over a decade. The new requirements under the federal privacy laws will commence on 12 March 2014. Affected businesses must be compliant by that date.