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RETAIL AND COMMERCIAL LEASES ACT 1995 - SECT 20F

RETAIL AND COMMERCIAL LEASES ACT 1995 - SECT 20F

20F—Notice of absence of right of preference

        (1)         If a lessee of a retail shop in a retail shopping centre does not have a right of preference, the lessor must, at least 6 months (but not more than 12 months) before the end of the term of a lease, by written notice—

            (a)         notify the lessee of that fact; and

            (b)         state why there is in the circumstances of the case no right of preference 1 .

        (2)         If the term of the lease is for 12 months or less, the periods referred to in subsection (1) are to be reduced by one-half.

Note—

1         See section 20D(3).