Notify franchisees of a materially relevant fact within the Code deadline
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the event reported by the franchisor (litigation, insolvency event, change of control, director change), record the date the franchisor became aware, calculate the notification date, list the franchisees and prospective franchisees to be told, and draft the notice from the firm’s template.
- What the lawyer must review
- The lawyer decides whether the event is a materially relevant fact, settles the wording of the notice, confirms the awareness date and the recipients, and confirms the disclosure document is updated where needed.
- Written for / version
- US
Open a jurisdiction version of this task to see which instruments apply: US
Who does what
| Role | What they do |
|---|---|
| Assistance | From the event reported by the franchisor (litigation, insolvency event, change of control, director change), record the date the franchisor became aware, calculate the notification date, list the franchisees and prospective franchisees to be told, and draft the notice from the firm’s template. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Confirm whether the 2025 Code applies to this franchise and which provisions are in force on the date of the step, before the template or checklist is used.
- Confirm the awareness date from the franchisor’s records, not the instruction date.
- Check the recipient list against the franchisee register and current prospects.
- Confirm the disclosure document is updated to match the notice.
Forms and precedents for this task
| Form or precedent | Kind | AI use | Summary |
|---|---|---|---|
| Materially relevant facts to be told to franchisees | Checklist | AI use Yellow | Checklist of the materially relevant facts and the 14-day written notice described on the ACCC information and document obligations page. |
Signed-in accounts can read the full text of each one. All precedents.
Sources
These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.
Related tasks
Draft or review a franchise disclosure document against the prescribed headingsCheck the franchisor's disclosure and any registration the jurisdiction requiresDraft or review a franchise agreement from the disclosure and the term sheetBuild a franchisee due-diligence issues list from the disclosure pack