(1) Subject to this
section, this Part applies to a commercial tenancy agreement if—
(a) the
premises to which the agreement applies—
(i)
are shop premises or premises of a prescribed kind; or
(ii)
consist of shop premises and an adjacent dwelling; and
(b) the
rent payable under the agreement does not exceed $200 000 per annum; and
(c) the
tenancy created by the agreement is not of a kind excluded from the
application of this Part by or under subsection (2); and
(d) the
commercial tenancy agreement is entered into, extended, renewed, assigned or
otherwise transferred after the commencement of this Part.
(2) This Part does not
apply in respect of a commercial tenancy—
(a)
where the tenancy arises under an agreement for the sale and purchase of
premises; or
(b)
where the tenancy arises under a mortgage in respect of the premises; or
(c)
where the tenancy arises by virtue of a scheme under which—
(i)
a group of adjacent premises is owned by a company; and
(ii)
the premises comprising the group are let by the company
to persons who jointly have a controlling interest in the company; or
(d)
where the tenant is—
(i)
a public company within the meaning of the Companies
(South Australia) Code; or
(ii)
a subsidiary of such a company (as defined by the
Companies (South Australia) Code); or
(e)
where the tenant is—
(i)
a body corporate lawfully carrying on the business of
banking; or
(f)
where the tenant is a body corporate whose principal business is insurance; or
(g)
where the tenant is—
(i)
the Crown, or an agency or instrumentality of the Crown,
in right of this State or any other State or Territory, or of the
Commonwealth; or
(ii)
a municipal or district council.
(3) The regulations
may exclude from the application of this Part or specified provisions of this
Part (either unconditionally or subject to conditions)—
(a)
agreements or classes of agreements; or
(b)
premises or classes of premises.
"Division 2—Jurisdiction of the Commercial Tribunal