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RETAIL SHOP LEASES ACT 1994 - SECT 46E Termination notice by lessee or deemed acceptance

RETAIL SHOP LEASES ACT 1994 - SECT 46E

Termination notice by lessee or deemed acceptance

46E Termination notice by lessee or deemed acceptance

(1) Within 1 month after receiving the relocation notice, the lessee may give the lessor a written notice terminating the lease.
(2) If the lessee gives notice under subsection (1) , the lease terminates—
(a) on the day agreed between the lessor and lessee; or
(b) if there is no agreement—3 months after the relocation notice is given.
(3) If the lessee does not give notice under subsection (1) , the lessee is taken to have accepted the lessor’s offer of a lease of the alternative retail shop mentioned in the relocation notice, or an alternative retail shop agreed between the lessor and lessee, on the terms and conditions—
(a) agreed between the lessor and lessee; or
(b) if there is no agreement—as provided under section 46F .