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ARTICLE · 20 OCTOBER 2015

Bill introduced to amend the Retail Shop Leases Act 1994 (Qld) - 15 October 2015

A bill to amend the Retail Shop Leases Act 1994 has been introduced and the public will be invited to make submissions.

AustraliaFinance and Banking

On 13 October 2015, a bill to amend the Retail Shop Leases Act 1994 (Qld) was introduced into Parliament. The bill has been referred to the Legal Affairs Parliamentary Committee for consideration and members of the public will be given an opportunity to make submissions to that committee. As yet a date for submissions has not been published.

A copy of the bill may be accessed at: http://www.legislation.qld.gov.au/Bills/55PDF/2015/RetailShopLeasesAB15.pdf

Interested stakeholders should note some of the key proposals, which include:

  1. Revised definition of what a retail shop lease is – to exclude premises with a floor area greater than 1000 m2, and premises used for non retail purposes either located on a level of a multilevel building or in a single level building where 25% or less of the total lettable area of that level or building as the case may be is used for retail.

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