Forty Winks (Franchising) Pty Ltd - s.87B undertaking

False and misleading representations in relation to savings claimed in catalogue advertising.

Undertakings given by Forty Winks that:

• for three years the company will not quote a recommended retail price unless specified by the manufacturer or supplier, and will not refer to ‘savings’ unless they are based on actual market prices or actual recommended retail prices;
• they will maintain an advertising committee to ensure all advertising material is accurate; and
• they will implement a trade practices compliance program on which the company’s solicitors will provide a report to the Commission annually for the next three years.