Document ID: chunk:federal_register_of_legislation:F2024L01605:reg:34:p2
Version: federal_register_of_legislation:F2024L01605
Segment Type: reg
Provision Reference: reg 34 (pt 2/2)
Character Range: 60540–62136

company (within the meaning of the Corporations Act)—$100,000; or
 (ii) for any other company—$1,000,000;
 (e) any judgment that is entered against the franchisor or an associate of the franchisor in a matter mentioned in item 4 of Schedule 1;
 (f) the franchisor or an associate of the franchisor becoming a Chapter 5 body corporate;
 (g) a change in the intellectual property, or ownership or control of the intellectual property, that is material to the franchise system;
 (h) the existence and content of:
 (i) any undertaking given by the franchisor or an associate of the franchisor under section 87B of the Act; and
 (ii) any order made by the Federal Court of Australia under that section in relation to such an undertaking.
 (4) For the purposes of paragraphs (3)(b), (c), (d) and (e), the franchisor must tell the franchisee:
 (a) the names of the parties to the proceedings; and
 (b) the name of the court or tribunal; and
 (c) the case number; and
 (d) the general nature of the proceedings.
 (5) For the purposes of paragraph (3)(f), the franchisor must tell the franchisee the name and address of the administrator, controller, liquidator or restructuring practitioner (within the meaning of the Corporations Act).
Note: Nothing in this Code affects the operation of Part VIIC of the Crimes Act 1914 (which includes provisions that, in certain circumstances, relieve persons from the requirement to disclose spent convictions and require persons aware of such convictions to disregard them).

Subdivision B—Notification obligations (other than for new vehicle dealership agreements)