11Meaning of renewal of lease

11 Meaning of renewal of lease (1) A reference in this Act to the renewal of a retail shop lease is a reference to the renewal of the lease: (a) under an option granted under the lease for a further term; or (b) under an agreement to renew the lease for a further term entered into by all the parties to the lease. (2) If: (a) after a retail shop lease expires, there is a break in the tenant's possession of the retail shop; and (b) the tenant resumes possession of the retail shop for a further term (whether or not on the same terms and conditions as under the expired lease); the resumption of possession of the retail shop is, for this Act, taken not to be a renewal of the expired lease and is instead taken to be entering into a new lease.