Disclosure of concessions

Current

(1)

If a valuer working out market rent under this Act asks the lessor for information about any relevant concession the lessor has given to another tenant, the lessor must give the valuer the information.

(2)

If the lessor complies with subsection (1), the lessor—

(a)

is not taken to have committed a breach of confidence or contract by complying with the subsection; and

(b)

is not required to provide information that is otherwise readily available to the valuer.

This Act’s bill:Explanatory statement Second reading speech

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59 Disclosure of concessions