Franchise Act 1998 · Updated to 1 Nov 2023 · Part II
14A. Renewal of registration of franchise broker or franchise consultant
Feedback & supportA franchise broker who is still carrying on his business as a franchise broker or a franchise consultant who is still providing his services as a franchise consultant shall apply to the Registrar for renewal of his registration as a franchise broker or franchise consultant, as the case may be, in such form as may be determined by the Registrar together with the prescribed fee within thirty days from the expiration date of such registration.
franchise broker
“franchise broker” means a person doing business as an agent or representative of a franchisor to sell a franchise to any person for a certain consideration but does not include any director, officer or employee of the franchisor or franchisee;
An approval for the application made under subsection (1) may be subject to such conditions as the Registrar may impose.
Registrar
“Registrar”, “Deputy Registrar” and “Assistant Registrar” mean respectively the Registrar of Franchises, a Deputy Registrar of Franchises and an Assistant Registrar of Franchises appointed under section 5;
Upon approving the application under subsection (1), the
Registrar may require the applicant to pay such amount of fee as may be prescribed.
Subsection 14(5) shall apply to the period of effectiveness of the registration of a franchise broker or franchise consultant which is renewed under this section.
franchise consultant
“franchise consultant” means a person who provides advice and consultancy services to another person on the registration of a franchise business and compliance of the related laws;
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.
20 Laws of Malaysia ACT 590