Document ID: chunk:federal_register_of_legislation:F2024L01605:reg:86
Version: federal_register_of_legislation:F2024L01605
Segment Type: reg
Provision Reference: reg 86
Character Range: 117284–118470

86  Notification obligation—franchisee
 (1) The franchisee of a franchise agreement must notify the franchisor, in writing, whether the franchisee intends to:
 (a) renew the agreement; or
 (b) enter into a new franchise agreement with the franchisor; or
 (c) neither extend the agreement nor enter into a new franchise agreement with the franchisor.
 (2) If the term of the agreement is 12 months or longer, the franchisee's notice must be given:
 (a) at least 12 months before the end of the term of the agreement; or
 (b) if the parties to the agreement agree on a later time—before that later time.
 (3) If the term of the agreement is less than 12 months, the franchisee's notice must be given:
 (a) if the term of the agreement is 6 months or longer—at least 6 months before the end of the term of the agreement; and
 (b) if the term of the agreement is less than 6 months—at least 1 month before the end of the term of the agreement.
 (4) If the franchisee gives a notice to the franchisor that the franchisee intends to neither renew the agreement nor enter into a new franchise agreement with the franchisor, the notice must include the reasons for the franchisee's intention.