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RETAIL LEASES (AMENDMENT) ACT 2005 (NO 82 OF 2005)
TABLE OF PROVISIONS
PART 1--PRELIMINARY
1. Purposes
2. Commencement
3. Principal Act
PART 2--AMENDMENT OF RETAIL LEASES ACT 2003
4. Definitions
5. Meaning of "retail premises"
6. Minister may make determinations
7. New section 7 substituted
8. Meaning of "renewal" of a lease
9. Application if lease term of less than a year
10. Copy of lease to be provided at negotiation stage
11. Landlord's disclosure statement
12. Minimum 5 year term
13. Tenant to be given copy of lease
14. Key-money and goodwill payments prohibited
15. Security deposits
16. Small Business Commissioner to be notified of lease
17. Landlord's disclosure on renewal of lease
18. Obligation to notify tenant of option to renew
19. Rent reviews generally
20. Rent reviews based on current market rent
21. Confidentiality of information supplied to valuer
22. Capital costs not recoverable
23. Limitation on recovery of management fees
24. Recovery of land tax
25. Landlord's liability for repairs
26. Relocation of the tenant's business
27. Demolition
28. When the landlord can withhold consent to an assignment
29. Procedure for obtaining consent to assignment
30. Protection of assignors and guarantors
31. Notice of the landlord's intentions concerning renewal
32. Unconscionable conduct of a landlord
33. Unconscionable conduct of a tenant
34. Meaning of "retail tenancy dispute"
35. Functions of Small Business Commissioner
36. Referral of retail tenancy disputes for alternative dispute resolution
37. New section 94A inserted
38. New section 97A inserted
39. Definitions
40. Rent
41. Notice of the landlord's intention concerning renewal
42. Options to renew
43. Landlord's liability for repairs
44. Notification of amount of land tax
PART 3--AMENDMENT OF RETAIL TENANCIES REFORM ACT 1998
45. Definitions
46. Retail premises lease
47. Disclosure on renewal of lease
48. Disclosure to assignees
PART 4--AMENDMENT OF RETAIL TENANCIES ACT 1986
49. Definitions
50. New section 14AA inserted into the Retail Tenancies Act 1986
PART 5--AMENDMENT OF PROPERTY LAW ACT 1958
51. Amendment to section 146 of the Property Law Act 1958
PART 6--REPEAL OF SMALL BUSINESS VICTORIA (REPEAL) ACT 1996
52. Repeal of Small Business Victoria (Repeal) Act 1996
ENDNOTES
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