The most recent review of the Franchising Code suggested the sector could embrace a licensing regime. Now the Licensing Taskforce within The Treasury is considering this option and is seeking views from the franchising sector.
The Treasury has released a consultation paper and is asking for feedback on whether a licensing regime should be established, how it might work, and how to address harms in the sector.
Elements of the regime could include:
- regulatory oversight
- information disclosure
- education and resources
- dispute resolution
- business model preconditions.
Stakeholders are invited to contribute to the public consultation.
Treasury launched the consultation paper on 11 November; submissions close on 8 December 2024.
Visit the Treasury website to find key documents and find out how to make a submission.
