Section 42 — Depreciation not recoverable — Retail Leases Act 2003 (Victoria) — Barrister AI

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Section 42 — Depreciation not recoverable — Retail Leases Act 2003 (Victoria) — Barrister AI

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s 39Recovery of outgoings from the tenant s 40Liability to contribute to non‐specific outgoings s 41Capital costs not recoverable s 42Depreciation not recoverable s 43Tenant not liable to contribute to sinking fund s 44Interest etc. on landlord's borrowings not recoverable s 45Rent etc. associated with other land not recoverable s 46Estimate of outgoings s 47Statement of outgoings s 48Adjustment of contributions to outgoings s 49Limitation on recovery of management fees s 50Recovery of land tax and commercial and industrial property tax s 51Liability for costs associated with lease s 52Landlord's liability for repairs

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42

Depreciation not recoverable

In force

Part 5—Rent and outgoings

Division 4—Outgoings

42 Depreciation not recoverable

A provision in a retail premises lease is void to the extent that it requires the tenant to pay an amount in respect of depreciation.

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Previouss 41Capital costs not recoverable Nexts 43Tenant not liable to contribute to sinking fund