Queensland Consolidated Regulations

RETAIL SHOP LEASES REGULATION 2016 - REG 3

3 Prescribed particulars for prospective lessee’s disclosure statement

The prescribed particulars for a disclosure statement given by a prospective lessee under section 22A of the Act are the following—

(a) the names of the lessor and prospective lessee;

(b) the address of the retail shop;

(c) the address of the prospective lessee;

(d) if the prospective lessee is a corporation—sufficient information to identify the corporation;

(e) the number of retail business premises leased by the prospective lessee when the disclosure statement is given;

(f) sufficient details about the experience of the prospective lessee in retail business to demonstrate the ability of the lessee to meet the financial and other obligations of the lease;

(g) details of anything known to the prospective lessee that may affect the ability of the lessee to meet the financial and other obligations of the lease;

(h) details of statements or representations made by or for the lessor during the negotiations for the lease that are being relied on by the prospective lessee in entering into the lease;

(i) an acknowledgement that no other material statements or representations have been made by or for the lessor to the prospective lessee about the lease or the business to be carried on in, or from, the retail shop.