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Landlords and tenants across Victoria should take note of VCAT’s important decision handed down in July 2019 matter of Phillips v Abel  VCAT 1031. This decision is an important landmark in the shifting landscape of retail and commercial leasing in Victoria.
On Friday 23 August 2019, the Franchising Taskforce (established by the Government to examine the feasibility and implementation of recommendations proposed in the Parliamentary Joint Committee on Corporations and Financial Services’ Fairness in Franchising report) released an Issues Paper.
The Issues Paper invites input from the franchising community by asking 23 specific questions regarding 7 draft policy principles developed by the Taskforce.
Franchisors, the time has come to review and update your Disclosure Document for the financial year ending 30 June 2019.
The Franchising Code of Conduct requires franchisors to update their Disclosure Documents within four months of the end of their financial year. For most franchisors, this will mean their Disclosure Documents must be updated by 31 October 2019.