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ARTICLE · 03 APRIL 2018

Creating a balance – updated rights for retail lessees

Bryks Lawyers
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This article looks at the benefits for retail lessees of the amendments to Retail Leases Act 1994.

AustraliaReal Estate and Construction
Ash Rihak
Ash Rihak
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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 first of two articles that will look at the benefits of the changes to the law for both retail lessees and retail lessors. This article looks at the benefits for retail lessees. These are relevant to retail lessors also as, generally, changes in the law that are beneficial to retail lessees create a greater administrative burden for retail lessors.

Changes to Disclosure Statements – Sections 11 and 12A of the Act

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