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RETAIL LEASES ACT 2003 - SECT 63 Landlord may reserve the right to refuse a sub-lease, mortgage etc.

RETAIL LEASES ACT 2003 - SECT 63

Landlord may reserve the right to refuse a sub-lease, mortgage etc.

A retail premises lease may contain a provision which allows the landlord an absolute discretion to refuse consent to—

        (a)     the grant of a sub-lease, licence or concession in respect of all or part of the retail premises; or

        (b)     the tenant parting with occupancy rights to all or part of the retail premises; or

        (c)     the tenant mortgaging or otherwise charging or encumbering the tenant's estate or interest in the lease.