RETAIL SHOP LEASES ACT 1994 - SECT 151
Release of assignor for particular assignments of leases
RETAIL SHOP LEASES ACT 1994 - SECT 151
Release of assignor for particular assignments of leases
151 Release of assignor for particular assignments of leases
(1) This section applies in relation to an assignment of a retail shop lease
if—
(a) before the commencement, the assignor had complied with former
section 22Bor any order mentioned in former section 22E(2) that was imposed
on the assignor; and
(b) the disclosure statement given under that section or
in compliance with that order by the assignor is not a defective statement
under former section 50A; and
(c) the assignment is entered into on or after
the commencement.
(2) On and after the commencement, new section 50Aapplies
in relation to the assignment and lease.