Section 60
Regulations
(1)
The Minister may make regulations for all or any of the following purposes:
(a)
prescribing the forms, procedure and other requirements for the purposes of this Act;
(b)
prescribing the form and content of disclosure documents;
(c)
prescribing the fees payable under this Act, and the manner for collecting and disbursing such fees;
(d)
prescribing the procedure for appeal under this Act;
Franchise 45
(e)
prescribing the procedure and requirements for the registration of any franchise granted or sold in or outside
Malaysia by a franchisor or a franchise broker before the commencement of this Act;
(f)
prescribing the remuneration for the services of the
Franchise Advisory Board; and
(g)
providing for such other matters as are contemplated by, or necessary for giving full effect to, the provisions of this
Act and for their due administration.
(2)
The regulations made under subsection (1) may prescribe any act in contravention of the regulations to be an offence and may prescribe penalties of a fine not exceeding fifty thousand ringgit or imprisonment for a term not exceeding one year or both.