LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 134 Non-specific outgoings contribution
LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 134
Non-specific outgoings contribution(1) The tenant is only liable to contribute to an outgoing to the extent that it is referable to the tenant's premises.
(2) The tenant is not liable to contribute more than an amount calculated by multiplying the total amount of the outgoing by the ratio of the lettable area of the tenant's premises to the total of the lettable areas of all the premises in the retail area of the shopping centre to which the outgoing is referable.
(3) For this section, an outgoing is referable to premises if the premises benefit from, or share the benefit resulting from, the outgoing.