๐ Franchise Agreements Bill 2011
Legislative Council Second ReadingLCBill 25624 November 2011Private Member
The Franchise Agreements Bill 2011 (WA) aims to regulate the conduct of parties involved in franchise agreements in Western Australia. It applies the Commonwealth Franchising Code of Conduct as a law of WA and establishes duties of good faith for those in franchising.
Impact
Franchisors and franchisees in Western Australia will be affected, as the Bill introduces additional duties and liabilities. It aims to provide a fairer framework for franchise agreements and dispute resolution.
Key Changes
["Applies the Commonwealth Franchising Code of Conduct as a law of Western Australia.", "Imposes a duty to act in good faith on parties to WA franchise agreements.", "Provides for civil monetary penalties for contraventions of the Act."]
Parliamentary Progress
- LC Second Reading MovedLC24 Nov 2011
Affected Sectors
financeother
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