RETAIL AND COMMERCIAL LEASES ACT 1995 - SECT 6

RETAIL AND COMMERCIAL LEASES ACT 1995 - SECT 6

6—When the lease is entered into

For the purposes of this Act, a retail shop lease is taken to have been entered into when—

            (a)         both parties have executed the lease; or

            (b)         a person enters into possession of the retail shop as lessee under the lease; or

            (c)         a person begins to pay rent as lessee under the lease or proposed lease (but not if the payment is an advance payment of rent made to secure the premises),

(whichever happens first).