In short
- The review found that the Franchising Code of Conduct is generally fit for purpose and should be remade
- some changes are needed to the existing Code provisions
- it made 23 formal recommendations and 34 implementation suggestions.
On 8 February 2024, the Minister for Small Business, the Hon Julie Collins MP, released the Independent Review of the Franchising Code of Conduct by Dr Michael Schaper.
The review has considered a range of issues in the current regulatory framework as required by its Terms of reference.
Findings
The review found that the Franchising Code of Conduct is generally fit for purpose and should be remade. However, some changes are needed to the existing Code provisions.
It makes 23 formal recommendations and 34 implementation suggestions for government.