Section 16
Annual report
The franchisor shall, within six months from the end of each financial year of the franchise business, submit a report to the Registrar in the prescribed form.
(2)
The report shall contain the disclosure documents which have been updated.
(3)
The Registrar may review the report and disclosure documents and—
Franchise 21
(a)
notify the franchisor if any additional information or modification of the disclosure documents is to be included or deleted; or
(b)
issue an order to suspend, terminate or cancel the approval of the registration of the franchise in the public interest or for the purpose of protecting prospective franchisees until any deficiencies specified by the
Registrar have been corrected.
(4)
Any person who fails to comply with this section commits an offence.