151
In forceRelease of assignor for particular assignments of leases
Part 12Transitional provisions
Division 3Provisions for Retail Shop Leases Amendment Act 2016
151 Release of assignor for particular assignments of leases
(1)
This section applies in relation to an assignment of a retail shop lease if—
(a)
before the commencement, the assignor had complied with former section 22B or any order mentioned in former section 22E(2) that was imposed on the assignor; and
(b)
the disclosure statement given under that section or in compliance with that order by the assignor is not a defective statement under former section 50A; and
(c)
the assignment is entered into on or after the commencement.
(2)
On and after the commencement, new section 50A applies in relation to the assignment and lease.
This Act’s bill:Explanatory memorandum
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