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RETAIL LEASES ACT 2003 - SECT 15

Copy of lease to be provided at negotiation stage

S. 15(1) amended by Nos 69/2012 s. 3(1), 16/2017 s. 33.

    (1)     A landlord who—

        (a)     offers to enter into a retail premises lease; or

        (b)     advertises by any means that retail premises are for lease

must, as soon as the landlord enters into negotiations with a person about the lease, give to that person a copy of the proposed lease in writing (but the copy need not include particulars of the tenant, the rent or the term of the proposed lease) and a copy of the information brochure (if any) about retail leases published by the Small Business Commission.

Penalty:     50 penalty units.

S. 15(2) inserted by No. 82/2005 s. 10.

    (2)     Subsection (1) does not apply to a renewal of a lease.

S. 15(3) inserted by No. 69/2012 s. 3(2).

    (3)     In this section, "landlord" means—

        (a)     a landlord; or

        (b)     a person acting on behalf of a landlord or prospective landlord; or

        (c)     a prospective landlord.



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