Terms of Reference The Terms of Reference for the review were: The Committee is to review the current operation of Part 2 - Disclosure of the • Franchising Code of Conduct1. The Committee is to identify, where justified, possible amendments that could improve • the disclosure provisions of the Franchising Code of Conduct. In performing its functions, the Committee is to advertise nationally, consult with key stakeholders, receive public submissions, take into account overseas experiences, and seek the views of State and Territory Governments. The Committee is to protect the confidentiality of the affairs of individuals and companies in the course of its deliberations, to the extent not inconsistent with its legal or accountability obligations. The Committee was required to report by 30 September 2006. NOTE: The Minister for Small Business and Tourism extended the report date for the review to 31 October 2006 to allow the Committee sufficient time to consider the 75 submissions received, to consult with stakeholders, and to frame its recommendations. 1 The Franchising Code of Conduct is mandatory code and it is contained in the Trade Practices (Industry Codes Regulations 1998 made under the Trade Practices Act 1974. –Franchising) Commonwealth’s
Terms of Reference The Terms of Reference for the review were: • The Committee is to review the current operation of Part 2 - Disclosure of the Franchising Code of Conduct1. • The Committee is to identify, where justified, possible amendments that could improve the disclosure provisions of the Franchising Code of Conduct. In performing its functions, the Committee is to advertise nationally, consult with key stakeholders, receive public submissions, take into account overseas experiences, and seek the views of State and Territory Governments. The Committee is to protect the confidentiality of the affairs of individuals and companies in the course of its deliberations, to the extent not inconsistent with its legal or accountability obligations. The Committee was required to report by 30 September 2006. NOTE: The Minister for Small Business and Tourism extended the report date for the review to 31 October 2006 to allow the Committee sufficient time to consider the 75 submissions received, to consult with stakeholders, and to frame its recommendations. 1 The Franchising Code of Conduct is mandatory code and it is contained in the Trade Practices (Industry Codes –Franchising) Regulations 1998 made under the Commonwealth’s Trade Practices Act 1974.