New South Wales Consolidated Acts

RETAIL LEASES ACT 1994 - SECT 11A

11A Lessee's disclosure statement

(1) No later than 7 days after receiving the lessor's disclosure statement from the lessor (or within such longer period as may be agreed with the lessor), the lessee must give the lessor a statement in writing (as the
"lessee's disclosure statement" ) that is in or to the effect of Part B of the form set out in Schedule 2 and completed as required by that Part.

: Maximum penalty--50 penalty units.

(2) If a lease is entered into by way of the renewal of a lease, a written statement (a
"lessee's disclosure update" ) that updates the provisions of an earlier lessee's disclosure statement given to the lessor is, in conjunction with that earlier lessee's disclosure statement, considered to be the lessee's disclosure statement given for the purposes of this section at the time the lessee's disclosure update is given.

(4) The regulations may prescribe additional matters to be included in the form of lessee's disclosure statement for the purposes of this section.