The franchise industry in Malaysia is governed by the Franchise Act 1998 (“the 1998 Act“) which regulates, among others, the registration system and enforcement of franchise businesses in Malaysia. The Franchise (Amendment) Act 2020 (“the Amendment Act“), which brings about some changes to the 1998 Act, was gazetted on 6 March 2020 and has come into force on 28 April 2022.
In this Update, we highlight some of the more significant changes introduced by the Amendment Act.
For more information, click here to read the full Legal Update.