ACTIn ForceAct
Leases (Commercial and Retail) Act 2001
63Frequency of adjustments to turnover rent
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63 Frequency of adjustments to turnover rent
Unless the parties to a lease otherwise agree, a party may make a
request under a provision included in a lease because of section 62
for adjustment of turnover rent—
(a) only once in the first year of the lease term; and
(b) at intervals of not less than 1 year after the first request for an
adjustment under the lease.