Retail and Commercial Leases Act 1995
You can download a copy of the Retail and Commercial Leases Act 1995 here.
Changes to the Retail and Commercial Leases Act 1995
Landlords and tenants in the retail and commercial leasing industry need to be aware of important changes to the Retail and Commercial Leases Act 1995 (the Act) and accompanying Regulations.
A copy of the amending Bill as passed by both houses can be found here.
From 1 July 2020, at the time when a copy of a proposed lease is provided to a prospective tenant, the landlord or person acting on behalf of the landlord must also provide the prospective lessee with a copy of the Small Business Commissioner’s information brochure, which is referred to as the Retail & Commercial Leasing Guide.
Failure to comply with this requirement may result in a penalty of up to $8,000.
A copy of the Retail & Commercial Leasing Guide, can be found here.