(815 ILCS 705/9) (from Ch. 121 1/2, par. 1709)
Sec. 9.
Exemptions from disclosure statement and registration
requirements granted by Administrator. The Administrator may by rule or
order provide that any information required by Section 16 of this Act to be
included in the disclosure statement need not be included in respect of any
class of franchises if he finds that the requirement of such information is
inapplicable to such class and that disclosure fully adequate for the
protection of prospective franchisees is otherwise required to be included
within the disclosure statement. The Administrator may by rule or order,
and subject to such terms and conditions as he may prescribe, exempt any
franchise, franchisor, subfranchisor, or franchise broker from Sections 5,
10, 11 and 13 of this Act if he finds that the enforcement of this Act is
not necessary (1) in the public interest, or (2) for the protection of any
class of prospective franchisees, or (3) by reason of the investment
involved, or (4) because of the limited character of the offering. The
disclosure statement required by Section 16 need not be furnished to a
franchisee who has already been furnished with a copy of such disclosure
statement in connection with a prior purchase of a franchise by such
franchisee, provided that no material amendments have been made to such
disclosure statement since it was furnished to such franchisee.
(Source: P.A. 85-551.)
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