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Nedbank
 
FASA CONSULTING ON CONSUMER PROTECTION ACT REGULATIONS

Without doubt FASA’s greatest achievement has been its active involvement in the Consumer Protection Act which comes into effect on the 24th October 2010.  Through astute observation by our legal members and in particular by Eugene Honey of Bowman Gilfillan, FASA’s legal adviser, discrepancies were picked up in the Act that would have impacted negatively on the franchise sector.  For the past three years Eugene Honey and FASA have worked tirelessly to consult with government and the dti on changing the regulations of the Act as they pertain to franchising and have them aligned to FASA’s existing Code of Ethics and Business Practices.  The changes pertain to mostly Section 7 of the Act which relate to upfront disclosure, basic requirements and franchisor/franchisee regulations.  FASA’s submissions have been well received and the finalisation of the regulations of the Act, although delayed by 6 months, should be published towards the end of April 2010. FASA is also actively involved in the ADR process which deals with mediation and arbitration and is continuing with its workshops with the dti. 

 
Links

FASA CONSULTING ON CONSUMER PROTECTION ACT REGULATIONS
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FASA APPOINTS NEW COUNCIL
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‘KEEP THE DREAM ALIVE’  ADVISES BEN FILMALTER OF MUGG & BEAN FAME
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X2IN5 LAUNCHES SUPPLIER’S PORTAL
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