Malaysia legislation

Section 5

of FRANCHISE (AMENDMENT) ACT 2012

Section 5

“Registration of franchisor

The principal Act is amended by inserting after section 6 the following sections:

“Registration of franchisee of foreign franchisor 6a.  (1)  Before commencing the franchise business, a franchisee who has been granted a franchise from a foreign franchisor shall apply to register the franchise with the Registrar by using the prescribed application form and such application shall be subject to the Registrar’s approval.

(2)

The Registrar may impose any conditions for the approval of registration of franchise referred to in subsection (1).

(3)

Where a franchisee has been granted approval from a foreign franchisor to sell the franchise, the franchisee shall register such approval.

Registration of franchisee 6b.  A franchisee who has been granted a franchise from a local franchisor or local master franchisee shall register the franchise with the Registrar by using the prescribed registration form within fourteen days from the date of signing of the agreement between the franchisor and franchisee.”.

Amendment of section 10

Section 5 — AKTA FRANCAIS (PINDAAN) 2012 | mylaw.my