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ARTICLE · 18 MAY 2016

Retail lease reforms in Queensland

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

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This Bill is the result of a review by major stakeholders which sought to improve the Act's efficiency and effectiveness.

AustraliaReal Estate and Construction

The Retail Shop Leases Amendment Bill 2015 (Qld) (Bill) was passed by the Queensland Government on 10 May 2016.  The amendments to the Retail Shop Leases Act 1994 (Qld) (Act) will take effect on a date to be fixed by proclamation.

The Bill is the result of a review by major stakeholders which sought to:

  • improve the Act's efficiency and effectiveness;
  • reduce red tape and compliance costs;
  • address imbalances in access to information and negotiating power without unduly interfering with commercial arrangements; and
  • align Queensland's legislation with key eastern seaboard States to enhance operation efficiency and legal certainty for stakeholders operating across jurisdictions.

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