Since the expansion of the ACCC’s enforcement powers on 1 January 2011 under the Australian Consumer Law reforms, the ACCC now possesses extensive audit powers to monitor compliance with industry codes prescribed under the Competition and Consumer Act 2010. Currently, four industry codes are prescribed under this legislation, including: the Franchising Code, the Horticulture Code, the Oil Code, and the Unit Pricing Code. The ACCC has issued alerts that it will be utilising its enforcement powers to randomly audit franchisors’ compliance with the Franchising Code of Conduct. The ACCC will focus on those who have been the subject of multiple complaints and those with a history of non-compliance [read more].
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