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Consumer Protection Act, 2008 (Act No. 68 of 2008)

Chapter 1 : Interpretation, Purpose and Application

Part B : Purpose, policy and application of Act

7. Requirements of franchise agreements

 

 

1) A franchise agreement must—
a) be in writing and signed by or on behalf or the franchisee;
b) include any prescribed information, or address any prescribed categories of information; and
c) comply with the requirements of section 22.

 

2) A franchisee may cancel a franchise agreement without cost or penalty within 10 business days after signing such agreement, by giving written notice to the franchisor.

 

3) The Minister may prescribe information to be set out in franchise agreements generally, or within specific categories or industries.