6Additional information required to be provided in relation to franchisors that give a disclosure document to a prospective franchisee

6 Additional information required to be provided in relation to franchisors that give a disclosure document to a prospective franchisee

(1) Under subsection 92(4) of the Franchising Regulations, each franchisor to which section 92 of the Franchising Regulations applies is determined as needing to provide the Secretary with the information covered by section 7 in relation to each disclosure document created by the franchisor. (2) However, subsection (1) does not apply to a disclosure document if: (a) the disclosure document relates to a franchise where the franchisor has entered into less than 2 franchise agreements; and (b) the disclosure document relates to a franchise where the franchisor does not intend, or if the franchisor is a company, its directors do not intend, to enter into franchise agreement.