The Retail Leases Amendment (Review) Act 2017 No 2
(Amending Act) came into force on 1 July 2017 and
made a number of important amendments to the Retail Leases Act
1994 (the Act).
These amendments will have a significant impact upon the rights
and obligations of both retail lessors and retail lessees. This is
the second of two articles that look at the benefits of the changes
to the law for both retail lessees and retail lessors. The first
article 'Creating a Balance' addressed updated
rights for retail lessees. This article looks at the benefits for
retail lessors. Although the Amending Act could, arguably, be said
to have provided greater benefits and protections to retail
lessees, there were some key developments in the Amending Act that
favour retail lessors, and these are addressed below.
