Bob Jane Corporation Pty Ltd has provided ACCC with a court-enforceable undertaking that it would be obeying with its commitments as per the Franchising Code of Conduct related to renewal as well as increase of franchising deals.
ACCC was concerned that Bob Jane was unsuccessful in abiding its obligations as per the Code relating to completion of term & resume of contracts. It was also worried that Bob Jane increased the term of few franchise agreements without initially providing necessary papers to franchisees & get a written declaration that the franchisees had obtained, read & had a chance to understand some documentation.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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