Queensland Consolidated Acts

RETAIL SHOP LEASES ACT 1994 - SECT 21C

21C Sublessor’s disclosure obligation to sublessee

(1) For the purposes of complying with section 21B in relation to a sublease of a retail shop lease, a prospective sublessor may request a disclosure statement (a
"head lessor disclosure statement" ) from the lessor.

(2) On request by the prospective sublessor under subsection (1) —

(a) the lessor must, within 28 days of receiving the request, give the prospective sublessor a head lessor disclosure statement that is updated to the date it is given; and

(b) the prospective sublessor must pay the lessor’s reasonable expenses incurred for preparation of the head lessor disclosure statement.

(3) In applying section 21B in relation to the sublease—

(a) a reference to a prospective lessee is taken to be a reference to a prospective sublessee; and

(b) a reference to a lessor is taken to be a reference to a prospective sublessor; and

(c) a reference to giving a disclosure statement is taken to be a reference to giving both of the following documents—

(i) a head lessor disclosure statement that is updated to a date no more than 2 months before the date the statement is given to the prospective sublessee;

(ii) a written statement detailing any matters of which the prospective sublessor is aware, or could reasonably be aware, that affect the information in the head lessor disclosure statement.