Q&A

Question: Is a Franchisor required to update the Disclosure Document?

A Franchisor is not required to update the Disclosure Document if the Franchisor decides not to and they do not intend to enter into a Franchise Agreement until the end of the next financial year. However, if an existing Franchisee asks for a copy of the Disclosure Document, then the Franchisor will need to update it, and provide a copy to the Franchisee within 2 months of the request being made.