Franchise Act 1998 · Updated to 1 Nov 2023 · Part V · Franchise Advisory Board
35. Franchise Advisory Board
Feedback & supportThere is established a Franchise Advisory Board.
franchise
“franchise” means a contract or an agreement, either expressed or implied, whether oral or written, between two or more persons by which— Franchise 9 (a) the franchisor grants to the franchisee the right to operate a business according to the franchise system as determined by the franchisor during a term to be determined by the franchisor; (b) the franchisor grants to the franchisee the right to use a mark, or a trade secret, or any confidential information or intellectual property, owned by the franchisor or relating to the franchisor, and includes a situation where the franchisor, who is the registered user of, or is licensed by another person to use, any intellectual property, grants such right that he possesses to permit the franchisee to use the intellectual property; (c) the franchisor possesses the right to administer continuous control during the franchise term over the franchisee’s business operations in accordance with the franchise system; and (d). (e) in return for the grant of rights, the franchisee may be required to pay a fee or other form of consideration. (f).
The Franchise Advisory Board shall consist of such persons, not exceeding fifteen in number, as the Minister may, from time to time, appoint.
Minister
“Minister” means the Minister for the time being charged with the responsibility for matters relating to franchises;
The members to be appointed under subsection (1) shall be persons who have wide knowledge and experience in matters relating to franchises.
The members of the Franchise Advisory Board may receive such remuneration as may be prescribed for their services.