New South Wales Consolidated Acts

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RETAIL LEASES ACT 1994 - SECT 15

Lease documentation

15 Lease documentation

(1) A retail shop lease is taken to include provision to the following effect:
(a) If the lease is not to be registered, the lessor must provide the lessee with an executed copy of the stamped lease within 1 month after the lease is returned to the lessor or the lessor’s lawyer or agent following payment of stamp duty on the lease.
(b) If the lease is to be registered, the lessor must lodge the lease for registration within 1 month after the lease is returned to the lessor or the lessor’s lawyer or agent following payment of stamp duty on the lease and the lessor must provide the lessee with an executed copy of the stamped and registered lease within 1 month after the lease is returned to the lessor or the lessor’s lawyer or agent following registration of the lease.
(c) The periods specified in paragraphs (a) and (b) are to be extended for delays attributable to the need to obtain any consent from a head lessor or mortgagee.
(d) In paragraphs (a) and (b), "registered" means registered under the Real Property Act 1900 .
(2) This section does not affect the operation of the Stamp Duties Act 1920 or the Real Property Act 1900 .



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