Australia Short Form Franchise Disclosure Document
The Australia Franchising Code of Conduct requires franchisors in Australia with annual turnovers of less than $50,000 to provide their franchisees with this Annexure 2 Short Form Franchise Disclosure Document.
- The short form disclosure is basically a shortened version of the Long Form Franchise Disclosure Document which is Annexure 1 to the Franchising Code of Conduct.
- The short form is only for use by small business franchisors (less than $50,000 of actual or expected annual turnover at any time during the term of the franchise).
- The disclosure document must be given to all potential new franchisees and to existing franchisees who want to renew their franchise agreements.
- The document must be updated each year within 4 months of the end of the financial year.
This Australia Short Form Franchise Disclosure Document is Annexure 2 to the Franchising Code of Conduct. Updated to reflect 2010 amendments.
Last Updated: 14-April-2016