Trade Practices (Industry Codes—Franchising) Regulations 1998
16Prohibition on release from liability etc
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16 Prohibition on release from liability etc
(1) A franchise agreement entered into on or after 1 July 1998 must not contain, or require a franchisee to sign, a general release of the franchisor from liability towards the franchisee.
(1A) A franchise agreement entered into on or after 1 March 2008 must not contain, or require a franchisee to sign, a waiver of any verbal or written representation made by the franchisor.
(2) However, subclauses (1) and (1A) do not prevent a franchisee from settling a claim against the franchisor after entering into a franchise agreement.