Share on LinkedInShare on LinkedIn

ARTICLE · 02 MARCH 2011

NSW looks at more changes to the Retail Leases Act

The proposed changes to NSW's Retail Leases Act attempt to clarify the operation of the Act and further level out a perceived imbalance of power between large lessors and small lessees.

AustraliaReal Estate and Construction
Greg McHugh
Greg McHugh
Janelle Brooks
Janelle Brooks
Author LinkedIn connections

Key Points:

The proposed changes to NSW's Retail Leases Act attempt to clarify the operation of the Act and further level out a perceived imbalance of power between large lessors and small lessees.

Following closely on the heels of the introduction of a harmonised lessor disclosure statement for New South Wales, Victoria and Queensland on 1 January 2011 come further proposed amendments to the New South Wales Retail Leases Act 1994.

On 10 January 2011, the New South Wales Government released an exposure draft of the Retail Leases Amendment Bill 2011. The proposed legislative changes are in response to criticisms levelled at the Act and aim to provide clarity and level out the perceived imbalance of power between high-powered lessors and small retail lessees.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from