Northern Territory Consolidated Acts

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BUSINESS TENANCIES (FAIR DEALINGS) ACT 2003 - SECT 70

Availability of advertising and promotion expenditure statement

A retail shop lease is taken to include provisions to the following effect:

        (a)     the landlord must make a written statement available for examination by a tenant detailing all expenditure by the landlord on account of advertising and promotion costs to which the tenant is required to contribute under the lease;

        (b)     the landlord must make the statement available at least twice in each of the landlord's accounting periods during the term of the lease, being:

            (i)     once in relation to expenditure during the first 6 months of each of the accounting periods; and

            (ii)     once in relation to expenditure during the second 6 months of each of the accounting periods;

        (c)     the statement must be made available within one month after the end of the 6 month period to which it relates.



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