Queensland Consolidated Acts

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RETAIL SHOP LEASES ACT 1994 - SECT 25

Requirements if rent a percentage of turnover

25 Requirements if rent a percentage of turnover

(1) This section applies if, under a retail shop lease, the rent is or may be calculated either in whole or part as a percentage of the turnover of the lesseeā€™s business carried on, or to be carried on, in or from the leased shop.
(2) The lease must specify the formula to be used to calculate the rent.



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