South Australian Consolidated Acts67—Tenancy to continue while extensions or renewals are negotiated
(1) Where—
(a) a
commercial tenancy agreement makes provision for extension or renewal of the
term of the tenancy upon its expiration (other than provision for the case
where a tenant holds over after its expiration);
(b) the
tenant gives written notice to the landlord within the period provided in the
agreement, or, if no such period is provided, not later than three months
before the expiration of the term of the tenancy, that he desires an extension
or renewal of the term of the tenancy; but
(c) at
the expiration of the term agreement has not been reached between the parties
in relation to an extension or renewal,
the tenancy shall be deemed to continue upon the same terms and conditions
until the matter is resolved by the parties or by determination of the
Tribunal made having regard to the terms of the agreement.
(2) Where, on the
extension or renewal of a commercial tenancy agreement that is continued after
its expiration under subsection (1), there is a variation in the rent
that is payable under the agreement, that variation shall be deemed to have
applied from the date of expiration of the agreement and, where the rent is
increased, the amount of the increase shall be payable by the tenant to the
landlord and, where the rent decreased, the landlord shall refund to the
tenant any amount overpaid.