10. Amendment of section 14
Feedback & supportSection 14 of the principal Act is amended—
by inserting after the words “franchise broker” wherever appearing the words “or franchise consultant”;
in subsection (5), by substituting for the words “one year”
the words “two years”; and
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Franchise (Amendment)
by inserting after subsection (5) the following subsections:
“(5a) The franchise broker or franchise consultant shall apply for the renewal of registration within thirty days from the date of the expiration of the registration.
Any franchise broker or franchise consultant who fails to comply with subsection (5a) 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.”.