Core trading hours
64 Core trading hours
This section only applies if a retail shopping centre imposes core trading hours on all of the premises in the retail shopping centre by specifying when all of those premises must be open for trading.
A landlord must, in a lease for retail premises that are located in a retail shopping centre that imposes core trading hours, specify those core trading hours. In the case of – a body corporate, a fine not exceeding 10 penalty units; and an individual, a fine not exceeding 10 penalty units.
A retail lease is taken to include a provision to the effect that the landlord is not entitled to change the core trading hours imposed by a retail shopping centre of which the retail premises form a part except with the approval in writing of a majority of the tenants of the retail premises in the retail shopping centre.
This section does not prevent a retail lease from including provisions enabling the landlord to consent to the tenant trading outside core trading hours, and as a condition of granting that consent to the tenant, to require the tenant to pay, or pay a contribution towards, the cost of opening the retail shopping centre during those agreed extended trading hours.
This Act’s bill:Explanatory notesSecond reading speech
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