New South Wales Consolidated Acts

RETAIL LEASES ACT 1994 - SECT 13

13 Costs before fit-out

(1) This section applies if a lessee of a retail shop is liable to pay an amount for, or associated with, any works carried out by or on behalf of the lessor (before or after the lease is entered into) to enable the proposed fit-out of the shop by the lessee.

(2) The maximum amount of the costs of the works, or a basis or formula with respect to those costs, is to be agreed in writing by the lessor and lessee before the lease is entered into.

(3) The lessee is not liable to pay an amount in respect of the works that is more than the agreed maximum amount.

(4) A reference in this section to a lessor or lessee includes a reference to a prospective lessor or prospective lessee.