(1)  A landlord must ensure that a tenant is given a copy of the landlord’s disclosure statement for a retail lease –

(a) at least 7 days before the retail lease is entered into by the tenant; and

(b) at least 30 days before a tenant has exercised, or is entitled to exercise, an option to renew a retail lease granted under the retail lease; and

(c) at such other interval as is specified in a determination made for the purposes of this subsection.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 100 penalty units; and

(b) an individual, a fine not exceeding 50 penalty units.

(2)  The tenant is to sign an acknowledgement of receipt of a copy of the landlord’s disclosure statement before signing the retail lease or a document that binds the tenant to enter into the lease or to take the retail premises on lease for a renewed term.

(3)  The regulations may prescribe the form and content of a tenant’s disclosure statement for a retail lease.

(4)  If the form and content of a tenant’s disclosure statement is prescribed under subsection (3) , a tenant must ensure that a landlord is given a copy of the tenant’s disclosure statement for a retail lease –

(a) at least 7 days before the retail lease is entered into by the tenant; or

(b) at such other interval as is agreed by the parties to the retail lease.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 10 penalty units; and

(b) an individual, a fine not exceeding 10 penalty units.