New Property Act affects Franchising The Property Practitioners Act, no 22 of 2019 (the Property Act), was signed into law by President Cyril Ramaphosa on the 3rd of October, 2019, which replaces the Estate Agencies Affairs Act, no 112 of 1976. In the Property...
Franchisor recovering admin costs from a franchisee CAN A FRANCHISOR RECOVER ANY ADMIN COSTS FROM A FRANCHISEE THAT CANCELS A FRANCHISE AGREEMENT DURING THE COOLING-OFF PERIOD? Section 7(2) of the Consumer Protection Act No. 68 of 2008 (CPA) states that “a Franchisee...
Does your franchise agreement comply with the CPA WHAT IF YOUR FRANCHISE AGREEMENT DOESN’T COMPLY WITH THE CPA? You, the Franchisor signed a franchise agreement that you believed was valid. You carefully checked that the agreement contained all the pertinent details...
Franchising Notice The application of certain provisions of the Competition Act 89 of 1998, as amended, to franchise agreements 1. PREFACE 1.1 This notice is prepared and issued by the Competition Commission (hereinafter “the Commission”) in order to inform...
How The New Companies Act Affects Your Business Franchise The coming into effect of the new Companies Act has far-reaching implications for any company wishing to do business in South Africa. Corporate managers need to acquaint themselves with the basic requirements...
