Retail Leases Amendment Act 2005

The Retail Leases Act 1994 has recently been amended. The Act is the legislation that regulates the commercial relationship between landlords and tenants of small to medium sized retail businesses.

The NSW Government developed the amendments to the Act in partnership with representatives from the retail leasing industry and professionals to keep the Act in step with the changing retail market place.

The changes have been designed to be simple, transparent and easy to comply with. The aim is to make sure that both parties in a shop lease are better informed about what the lease requires of them, which will lead to better business planning and fewer misunderstandings about costs, rights and understandings.

For information about these changes and how they will affect your business click the links below.

Summary of Changes

Frequently Asked Questions (FAQs)