Retail Shop Leases Act 1994
sec.151Release of assignor for particular assignments of leases
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sec.151 Release of assignor for particular assignments of leases
This section applies in relation to an assignment of a retail shop lease if— before the commencement, the assignor had complied with former section 22B or any order mentioned in former section 22E(2) that was imposed on the assignor; and the disclosure statement given under that section or in compliance with that order by the assignor is not a defective statement under former section 50A; and the assignment is entered into on or after the commencement. On and after the commencement, new section 50A applies in relation to the assignment and lease. s 151 ins 2016 No. 21 s 60 (sec.151-ssec.1) This section applies in relation to an assignment of a retail shop lease if— before the commencement, the assignor had complied with former section 22B or any order mentioned in former section 22E(2) that was imposed on the assignor; and the disclosure statement given under that section or in compliance with that order by the assignor is not a defective statement under former section 50A; and the assignment is entered into on or after the commencement. (sec.151-ssec.2) On and after the commencement, new section 50A applies in relation to the assignment and lease.
- (a) before the commencement, the assignor had complied with former section 22B or any order mentioned in former section 22E(2) that was imposed on the assignor; and
- (b) the disclosure statement given under that section or in compliance with that order by the assignor is not a defective statement under former section 50A; and
- (c) the assignment is entered into on or after the commencement.