30Copies of other agreements

30 Copies of other agreements

(1) If a franchise agreement requires: (a) the franchisee; or (b) directors, shareholders, beneficiaries, owners or partners of the franchisee; to enter into an agreement of a kind mentioned in subsection (2), the franchisor must give the franchisee a copy of the agreement in accordance with subsection (3).

Civil penalty: 600 penalty units.

(2) For the purposes of subsection (1), the kinds of agreements are the following: (a) a lease (other than a lease of premises which is covered by section 29) or hire purchase agreement; (b) an agreement under which the franchisee gains ownership of, or is authorised to use, any intellectual property; (c) a security agreement, including a guarantee, mortgage, security deposit, indemnity, loan agreement or obligation to provide a bank guarantee to a third party; (d) a confidentiality agreement; (e) an agreement not to carry on business within an area or for a time after the franchise agreement is terminated. (3) For the purposes of subsection (1), the agreement must be given: (a) at least 14 days before the day on which the franchise agreement is signed, if it is available at that time; or (b) if it is not available at that time—when it becomes available.