Retail leases to be in writing and signed
31 Retail leases to be in writing and signed
A landlord, or a tenant, must not enter into a retail lease that is not – in writing; and signed by both parties to the retail lease. In the case of – a body corporate, a fine not exceeding 100 penalty units; and an individual, a fine not exceeding 50 penalty units.
A landlord, or a tenant, must not amend a retail lease unless the amendment is – in writing; and signed by both parties to the retail lease. In the case of – a body corporate, a fine not exceeding 50 penalty units; and an individual, a fine not exceeding 25 penalty units.
Nothing in this section means that a retail lease that fails to comply with this section is illegal, invalid or unenforceable.
This Act’s bill:Explanatory notesSecond reading speech
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