20F

Notice of absence of right of preference

Current

(1)

If a lessee of a retail shop in a retail shopping centre does not have a right of preference, the lessor must, at least 6 months (but not more than 12 months) before the end of the term of a lease, by written notice—

(a)

notify the lessee of that fact; and

(b)

state why there is in the circumstances of the case no right of preference¹.

(2)

If the term of the lease is for 12 months or less, the periods referred to in subsection (1) are to be reduced by one-half.

Note—

1 See section 20D(3).

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