Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) A reference in this Act to the renewal of a retail shop lease is a reference to the renewal of the lease:
(a) under an option granted under the lease for a further term; or
(b) under an agreement to renew the lease for a further term entered into by all the parties to the lease.
(2) If:
(a) after a retail shop lease expires, there is a break in the tenant's possession of the retail shop; and
(b) the tenant resumes possession of the retail shop for a further term (whether or not on the same terms and conditions as under the expired lease);
the resumption of possession of the retail shop is, for this Act, taken not to be a renewal of the expired lease and is instead taken to be entering into a new lease.