News
Amendments to Victorian Duties and Land Taxes – The State Taxation Acts Amendment Act 2019
The introduction of new provisions into the Duties Act 2000 provides for a concessional rate of land transfer duty where there are transfers of commercial and industrial land located wholly in regional Victoria. The concession is to be gradually increased between 2019 and 2023. The new provision will be a welcome relief to those purchasing commercial property in regional Victoria.
The Obligation Of Good Faith In Franchise Agreements: A Lesson In Constructing The Terms Of Sale
In the recent decision of Trampoline Enterprises Pty Ltd v Franchised Food Company Pty Ltd [2019] VSCA 74, the Victorian Supreme Court of Appeal has considered the obligation of a purchaser to act in good faith in the context of a franchise sale agreement. The Court also illustrated the circumstances in which the determinations of an independent expert may be challenged.
Warranty Against Defects – Does Your Business Comply?
Following changes to the law on 9 June 2019, the obligations surrounding the ‘mandatory statement’ included in any warranty document have changed. If your business provides a warranty to consumers for defects, you may need to immediately review your warranty document to ensure it complies with the Australian Consumer Law (ACL).
MST Lawyers’ Alicia Hill Presents at Franchise Association of New Zealand
Alicia Hill, a Principal in our Dispute Resolution and Litigation team, presented to the Franchise Association of New Zealand (FANZ) national conference in Rotorua on 20-21 June 2019. The presentation centred on developments in Australian franchising notably focusing on the parliamentary inquiry report.