Document ID: chunk:federal_register_of_legislation:F2022C01111:clause:1_15
Version: federal_register_of_legislation:F2022C01111
Segment Type: clause
Provision Reference: sch 1 cl 15
Character Range: 153816–155007

15  Marketing fund or other cooperative funds
 15.1 For each marketing fund or other cooperative fund, controlled or administered by or for the franchisor or a master franchisor, to which the franchisee may be required to contribute, the following details:
 (a) the kinds of persons who contribute to the fund (for example, franchisee, franchisor, outside supplier);
 (b) how much the franchisee must contribute to the fund and whether other franchisees must contribute at a different rate;
 (c) who controls or administers the fund;
 (d) whether the fund is audited and, if so, by whom and when;
 (e) how the fund's financial statements can be inspected by franchisees;
 (f) the kinds of expense for which the fund may be used;
 (g) the fund's expenses for the last financial year, including the percentage spent on production, marketing, administration and other stated expenses;
 (h) whether the franchisor, master franchisor or an associate of either of them supplies goods or services for which the fund pays and, if so, details of the goods or services;
 (i) whether the franchisor or master franchisor must spend part of the fund on marketing or promoting the franchisee's business.