Franchising Code review
What it means
The Franchising Code is reviewed periodically to keep it fit for purpose. Recent reviews led to significant reforms, the public Franchise Disclosure Register, increased penalties, and clearer obligations around funds and disclosure.
For anyone in franchising, it means the rules evolve. Content and advice tied to the Code must be dated and kept current, and both franchisors and franchisees should track changes.
In practice
Because the Code changes, always check you are relying on the current version, and note the date of any advice. Franchisors in particular must update their disclosure and processes when the Code is reformed.
A real example
Following a Franchising Code review, new specific-purpose-fund rules take effect from 1 November 2025, prompting franchisors to update their disclosure documents and fund reporting.
Franchising Code review, FAQs
Why does the Franchising Code get reviewed?
Periodic government reviews keep it current. Recent reviews produced reforms like the public disclosure register, higher penalties and clearer fund and disclosure rules.
How do Code changes affect me?
The rules evolve, so always rely on the current version and date any advice. Franchisors must update disclosure and processes when reforms take effect.
See the full franchise glossary, the Fee Index or our buyer guides.