LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 93 Provision of disclosure statement by tenant

LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 93

    (1)     Before asking for the lessor's consent to assign or sublet a lease under section 95 (Request for consent to assignment, sublease or mortgage), the tenant must give a prospective assignee or subtenant a copy of the disclosure statement (if any) given to the tenant in relation to the lease, together with details of any material change that has happened in the information contained in the statement since it was given to the tenant.

Note     For how documents may be given, see the Legislation Act

, pt 19.5.

    (2)     Subsection (1) only requires a tenant to give details of a material change of which the tenant is aware or could reasonably be expected to be aware.