Tasmanian Numbered Acts

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RETAIL LEASES ACT 2022 (NO. 39 OF 2022) - SECT 34

Key-money prohibited
(1)  A person must not, as a landlord or on behalf of a landlord, seek or accept the payment of key-money.
Penalty:  In the case of –
(a) a body corporate, a fine not exceeding 50 penalty units; and
(b) an individual, a fine not exceeding 25 penalty units.
(2)  A provision of a retail lease is void to the extent that it requires, or has the effect of requiring, the payment of key-money.
(3)  If a person contravenes this section, whether or not the person is found guilty of an offence against subsection (1) , the tenant is entitled to recover from the landlord as a debt –
(a) a payment made by the tenant; or
(b) the value of any benefit conferred by the tenant –
that was accepted by or on behalf of the landlord in contravention of this section.


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