Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . .

Legislative Assembly for the ACT: 1998 Week 11 Hansard (10 December) . . Page.. 3575 ..


4

. a new approach to the delineation between retail and commercial premises including a Schedule listing examples of commercial premises covered by the legislation, based on the definitions included in the Territory Plan;

. a clearer distinction between premises which do and do not fall within a shopping centre;

. an enhanced definition of `multiple rent review clause' to cover clauses which have the effect of reserving to one party complete discretion as to the rate of rent to apply;

. provision for standard lease provisions to apply, unless there is contrary agreement, to fill the void that can sometimes arise, for example, where occupation of premises is given without there being an express agreement about the conditions;

. streamlined provisions relating to the determination of market rent in cases of rent reviews and lease renewals, where the parties cannot agree on the amount of rent;

. new provisions dealing with damaged premises, including the circumstances as to the kind of damage which may give rise to the right to terminate the lease;


Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . .