Page 2271 - Week 07 - Thursday, 16 June 1994

THE PROCESS OF DEVELOPING THE CODE OF PRACTICE AND THIS

LEGISLATION HAS BEEN ONE IN WHICH THE GOVERNMENT HAS

SOUGHT AND ENCOURAGED THE PARTICIPATION OF TENANTS AND

LANDLORDS.

WHILE THE ADOPTION OF A VOLUNTARY CODE WOULD HAVE BEEN

THE GOVERNMENT'S PREFERENCE, THE GOVERNMENT BELIEVES THAT

THE TIME HAS NOW COME TO ACT TO ENSURE THAT THE TERRITORY

RETAIL AND COMMERCIAL TENANCY MARKET IS RENDERED MORE

EQUITABLE.

THIS BILL, AND THE DRAFT CODE, WHICH AS I HAVE SAID, IS THE

SUBJECT OF CONTINUING CONSULTATION, WILL ACHIEVE THAT

OBJECTIVE.

I COMMEND THE BILL TO THE ASSEMBLY.

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