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COMMERCIAL TENANCY (RETAIL SHOPS) AGREEMENTS ACT 1985 - SECT 6

6 .         Disclosure

        (1)         Where a retail shop lease is entered into and the tenant has not, at least 7 days before the entering into of the lease, been given a disclosure statement in accordance with subsection (4) or the disclosure statement given contains false or misleading information, the tenant may, in addition to exercising any other right, do either or both of the following — 

            (a)         within 60 days after the lease was entered into, give to the landlord written notice of termination of the lease;

            (b)         apply in writing to the Tribunal for an order that the landlord pay compensation to the tenant in respect of pecuniary loss suffered by the tenant as a result of the omission of the landlord to give a disclosure statement in accordance with subsection (4) or of the giving of false or misleading information by the landlord in the disclosure statement.

        (2)         Where the tenant under a retail shop lease gives to the landlord a notice of termination under subsection (1) the lease terminates upon the expiry of a period of 14 days after the notice was given.

        [(3)         deleted]

        (4)         A disclosure statement given for the purposes of this section shall be in the prescribed form duly completed and signed by or on behalf of the landlord and the tenant and shall contain a statement notifying the tenant that he should seek independent legal advice.

        (5)         Where the tenant under a retail shop lease (in this subsection referred to as the outgoing tenant ) assigns the lease to another person (in this subsection referred to as the incoming tenant ), nothing in this section gives to the incoming tenant a right to terminate the lease that the outgoing tenant would not have had if he had continued as the tenant under the lease.

        (6)         A disclosure statement is not required to be given — 

            (a)         on the renewal of a retail shop lease under an option (including the option arising by reason of section 13(1)); or

            (b)         on the assignment of a retail shop lease.

        [Section 6 amended by No. 48 of 1990 s. 5.]



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