Malaysia legislation
Section 14
Section 14
(a)
by submitting the application in such form as may be determined by the Registrar together with the prescribed fee; and
(b)
by filing with the Registrar any information, which shall be determined by the Registrar, in respect of any representative or agent appointed by the franchise broker or franchise consultant.
(2)
The franchise broker or franchise consultant must meet all the requirements as prescribed on the qualifications of a franchise broker or franchise consultant before he can be registered.
(3)
The Registrar may impose conditions on the registration of a franchise broker or franchise consultant.
(3A)
Upon approving the application under subsection (1), the
Registrar may require the applicant to pay such amount of fee as may be prescribed.
(4)
The conditions in subsection (3) may include conditions governing the sale of a franchise by a franchise broker or franchise consultant and conditions on the conduct, suspension, termination, prohibition or denial of registration of a franchise broker or franchise consultant.
(5)
The registration under this section shall be effective for two years from the date of registration, unless determined otherwise by the
Registrar.
(5A)
(Deleted by Act A1617).
(5B)
(Deleted by Act A1617).
*NOTE—See section 26 Franchise Act (Amendment) 2020 [Act A1617].
Franchise 19
(6)
The provisions relating to confidential information and the prohibition on carrying on a similar business in sections 26 and 27 are also applicable to a franchise broker or franchise consultant.
(7)
Any franchise broker or franchise consultant who fails to comply with subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit, and for a second or subsequent offence, to a fine not exceeding twenty-five thousand ringgit.
Renewal of registration of franchise broker or franchise consultant