Question: Do I need a Franchise Disclosure Document?
Answer:Australian disclosure requirements are regulated by the Australian Franchising Code of Conduct. Under this Code, it is a requirement that the Franchisor provides the Disclosure Document to potential new franchisees, to an existing franchisee who wants to renew their agreement, or to an existing franchisee on request.
The Code must be provided by the franchisor at least 14 days before the Franchise Agreement is signed by the franchisee.
