Document ID: chunk:federal_register_of_legislation:F2022C01111:clause:1_4:p2
Version: federal_register_of_legislation:F2022C01111
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 2/4)
Character Range: 19174–21931

(ii) the rights of a person under or in relation to the agreement; or
 (iii) the liabilities that would be imposed on a person under or in relation to the agreement; or
 (b) in relation to the term of a franchise agreement, occurs when the period of the agreement is extended, other than because of an option exercisable by the franchisee during the term of the agreement.
financial year, in relation to a franchisor and a franchise, means a period of 12 months in respect of which financial statements relating to the franchise are prepared for the franchisor.
franchise includes the following:
 (a) the rights and obligations under a franchise agreement;
 (b) a master franchise;
 (c) a subfranchise;
 (d) an interest in a franchise.
franchise agreement has the meaning given by clause 5.
franchisee includes the following:
 (a) a person to whom a franchise is granted;
 (b) a person who otherwise participates in a franchise as a franchisee;
 (c) a subfranchisor in its relationship with a franchisor;
 (d) a subfranchisee in its relationship with a subfranchisor.
franchise system includes a business system in which a franchisor grants a franchise to a franchisee.
franchisor includes the following:
 (a) a person who grants a franchise;
 (b) a person who otherwise participates in a franchise as a franchisor;
 (c) a subfranchisor in its relationship with a subfranchisee;
 (d) a subfranchisor in a master franchise system;
 (e) a subfranchisor in its relationship with a franchisee.
interest in a franchise includes a legal or beneficial interest in:
 (a) a franchise agreement or a franchised business, whether arising as a result of a guarantee of a franchisee's obligations under the agreement or otherwise; or
 (b) shares or voting rights in a corporation, not being a listed corporation, that owns a franchised business; or
 (c) units or voting rights in a unit or other trust that owns a franchised business; or
 (d) the capital or income of a partnership that owns a franchised business.
key facts sheet means a document that meets the requirements of subclause 9A(1).
master franchise means a franchise in which the franchisor grants to a subfranchisor the right:
 (a) to grant a subfranchise; or
 (b) to participate in a subfranchise.
motor vehicle means a vehicle that uses, or is designed to use, volatile spirit, gas, oil, electricity or any other power (except human or animal power) as the principal means of propulsion, but does not include a vehicle used, or designed to be used, on a railway or tramway.
Note: Examples of motor vehicles are as follows:
(a) motor car;
(b) motorcycle;
(c) tractor;
(d) motorised farm machinery;
(e) motorised construction machinery;
(f) aircraft;
(g) motor boat.
motor vehicle dealership:
 (a) means a