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RETAIL SHOP LEASES ACT 1994 - SECT 14
Application of Act—if premises become or cease to be a retail shop after commencement of lease
14 Application of Act—if premises become or cease to be a retail shop after
commencement of lease
(1) In relation to a lease of premises that become a retail shop only after
the commencement of the lease, this Act does not apply to— (a) the lease; or
(b) an assignment of the lease; or
(c) a renewal of the lease under an option
under the lease.
Example for subsection (1)(a)— On 1 April 2016 a person
enters into a 3-year lease for carrying on a business that is not a
retail business from premises that are not in a retail shopping centre.
Accordingly, the premises are not a retail shop as defined in the schedule.
However, on 1 September 2016, the business is prescribed by regulation as a
retail business. Under this subsection, this Act does not apply to the lease
even though the premises become a retail shop on this second date.
(2) In
relation to a lease of premises that cease to be a retail shop after the
commencement of the lease, this Act continues to apply to— (a) the lease; or
(b) an assignment of the lease; or
(c) a renewal of the lease under an option
under the lease.
Example for subsection (2)(a)— On 1 April 2016 a person
enters into a 3-year lease for the conduct of a business that is not a
retail business from premises in a retail shopping centre. On 1 September
2016, the cluster of premises in which the leased premises are situated ceases
to be a retail shopping centre and the business is still not a
retail business. Under this subsection, this Act continues to apply to the
lease even though the premises are no longer a retail shop.
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