20K—Certified exclusionary clause
(1) Subject to this
section, the rights conferred by this Part cannot be excluded or modified by
contract.
(2) However, the
statutory rights of security of tenure may be excluded by a
certified exclusionary clause.
(3) A "certified
exclusionary clause" is a provision of a retail shop lease in respect of which
a certificate signed by the Commissioner, or a lawyer who is not acting for
the lessor, is endorsed on the lease to the effect that—
(a) the
Commissioner or lawyer (as the case may be) has, at the request of the
prospective lessee, explained the effect of the provision and how this Part
would apply in relation to the lease if the lease did not include that
provision; and
(b) the
prospective lessee gave the Commissioner or lawyer (as the case may be)
apparently credible assurances that the prospective lessee was not acting
under coercion or undue influence in requesting or consenting to the inclusion
of the provision in the lease.
(4) The Commissioner
may require payment of a fee prescribed by the regulations for the provision
of a certificate under this section.