Consumer Protection Act, 2008 (Act No. 68 of 2008)Chapter 1 : Interpretation, Purpose and ApplicationPart B : Purpose, policy and application of Act7. 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. |