Document ID: chunk:federal_register_of_legislation:F2022C01111:clause:1_11
Version: federal_register_of_legislation:F2022C01111
Segment Type: clause
Provision Reference: sch 1 cl 11
Character Range: 44256–45100

11  Franchisor to give information statement to prospective franchisee
 (1) A franchisor must give a copy of the information statement relating to franchising that is published on the Commission's website to a prospective franchisee. The copy of the information statement must be given:
 (a) as soon as practicable, and not later than 7 days, after the prospective franchisee formally applies or expresses an interest in acquiring a franchised business; and
 (b) before the franchisor gives the prospective franchisee any of the documents described in clause 9.
Civil penalty: 600 penalty units.
 (4) To avoid doubt, the requirements of this clause do not apply in relation to:
 (a) the renewal of a franchise agreement; or
 (b) the extension of the term or scope of a franchise agreement.

Part 3—Franchise agreements

Division 1—Application