Commonwealth Consolidated Acts

TRADE PRACTICES ACT 1974 - SECT 51ACA

             (1)  In this Part:

"applicable industry code" , in relation to a corporation that is a participant in an industry, means:

                     (a)  the prescribed provisions of any mandatory industry code relating to the industry; and

                     (b)  the prescribed provisions of any voluntary industry code that binds the corporation.

"consumer" , in relation to an industry, means a person to whom goods or services are or may be supplied by participants in the industry.

"industry code" means a code regulating the conduct of participants in an industry towards other participants in the industry or towards consumers in the industry.

"mandatory industry code" means an industry code that is declared by regulations under section 51AE to be mandatory.

"voluntary industry code" means an industry code that is declared by regulations under section 51AE to be voluntary.

             (2)  For the purposes of this Part, a voluntary industry code binds a person who has agreed, as prescribed, to be bound by the code and who has not subsequently ceased, as prescribed, to be bound by it.

             (3)  To avoid doubt, it is declared that:

                     (a)  franchising is an industry for the purposes of this Part; and

                     (b)  franchisors and franchisees are participants in the industry of franchising, whether or not they are also participants in another industry.