Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) A party to a retail shop lease is liable to pay another party to the lease (the injured party ) reasonable compensation for damage suffered by the injured party that is attributable to the injured party's entering into the lease as a result of:
(a) a false or misleading statement; or
(b) a false or misleading representation;
knowingly made by the party or a person acting under the party's authority.
(2) The giving of a landlord's disclosure statement to a prospective tenant under a retail shop lease is taken to be the making of a representation by the landlord to the tenant as to the information in the disclosure statement.
(3) The making of a representation by a prospective tenant in a tenant's disclosure statement given to a prospective landlord under a retail shop lease:
(a) that the prospective tenant has sought independent advice; or
(b) as to statements or representations relied on by the prospective tenant in entering the lease;
is taken to be the making of a representation by a tenant to the landlord.
(4) This section extends to apply to a statement or representation made before the commencement of this section.