RETAIL AND COMMERCIAL LEASES ACT 1995 - SECT 11
RETAIL AND COMMERCIAL LEASES ACT 1995 - SECT 11
11—Copy of lease to be provided to prospective lessee
(1) A person who, as a
lessor, or acting on behalf of a lessor—
(a)
offers to enter into a retail shop lease; or
(b)
invites an offer to enter into a retail shop lease; or
(c)
indicates by advertisement by any means that a retail shop is for lease,
must, as soon as the person enters into negotiations with a prospective lessee
(and before a retail shop lease is entered into), provide the prospective
lessee with a written copy of the proposed retail shop lease (but not
necessarily including the particulars of the lessee, the rent or the term of
the lease).
Maximum penalty: $8 000.
(2) At the time a copy
of the proposed retail shop lease is provided to the prospective lessee under
subsection (1), the lessor, or a person acting on behalf of a lessor,
must also provide the prospective lessee with a copy of the information
brochure (if any) about retail shop leases published by the Commissioner.
Maximum penalty: $800.
Expiation fee: $120.
(3) This section does
not apply to or in respect of the renewal of a retail shop lease.