Queensland Consolidated Acts

RETAIL SHOP LEASES ACT 1994 - SECT 46F

46F Terms and conditions of new lease

(1) Unless the lessor and lessee agree otherwise, the terms and conditions of the lease mentioned in section 46E (3) (the
"new lease" ) are the same as the terms and conditions of the existing lease.

(2) However—

(a) the term of the new lease is taken to be the same as the remaining term of the existing lease; and

(b) the rent for the alternative retail shop is taken to be the same as the rent for the existing leased shop, adjusted to take into account the difference in the commercial values of the shops when the lessee’s business is relocated.

Note—

This section and section 46G do not prevent the lessee from accepting other arrangements when the details of the relocation are negotiated.