Late breaking AUS Franchise news via Blue MauMau.
In a predictably subtle grasp of international and constitutional legal matters, an unnamed IFA source is quoted in an article called Washington Trade Lobbyist Warns Against Changing Australian Franchise Law), that:
The International Franchise Association, a Washington D.C.-based lobbying group representing mainly franchisors, is warning Australian parliamentarians debating a tightening of the country’s franchise laws that laws requiring registration of franchisor disclosure documents are outdated and burdensome. The organization also warns that recent removal of foreign franchisor exemption will dampen U.S. firms’ interest to expand into Australia.
The IFA, which represents less than 1/3 of U.S. franchise systems, came out firmly in favour of a disclosure regime.
In a related story, when reached for comment on the fact that
- the IFA had taken over her law-making authority, and
- her former colony would henceforth be called the United States of Australia,