sec.21CSublessor’s disclosure obligation to sublessee

sec.21C Sublessor’s disclosure obligation to sublessee

For the purposes of complying with section 21B in relation to a sublease of a retail shop lease, a prospective sublessor may request a disclosure statement (a head lessor disclosure statement ) from the lessor. On request by the prospective sublessor under subsection (1) — the lessor must, within 28 days of receiving the request, give the prospective sublessor a head lessor disclosure statement that is updated to the date it is given; and the prospective sublessor must pay the lessor’s reasonable expenses incurred for preparation of the head lessor disclosure statement. In applying section 21B in relation to the sublease— a reference to a prospective lessee is taken to be a reference to a prospective sublessee; and a reference to a lessor is taken to be a reference to a prospective sublessor; and a reference to giving a disclosure statement is taken to be a reference to giving both of the following documents— a head lessor disclosure statement that is updated to a date no more than 2 months before the date the statement is given to the prospective sublessee; a written statement detailing any matters of which the prospective sublessor is aware, or could reasonably be aware, that affect the information in the head lessor disclosure statement. s 21C ins 2016 No. 21 s 15 (sec.21C-ssec.1) For the purposes of complying with section 21B in relation to a sublease of a retail shop lease, a prospective sublessor may request a disclosure statement (a head lessor disclosure statement ) from the lessor. (sec.21C-ssec.2) On request by the prospective sublessor under subsection (1) — the lessor must, within 28 days of receiving the request, give the prospective sublessor a head lessor disclosure statement that is updated to the date it is given; and the prospective sublessor must pay the lessor’s reasonable expenses incurred for preparation of the head lessor disclosure statement. (sec.21C-ssec.3) In applying section 21B in relation to the sublease— a reference to a prospective lessee is taken to be a reference to a prospective sublessee; and a reference to a lessor is taken to be a reference to a prospective sublessor; and a reference to giving a disclosure statement is taken to be a reference to giving both of the following documents— a head lessor disclosure statement that is updated to a date no more than 2 months before the date the statement is given to the prospective sublessee; a written statement detailing any matters of which the prospective sublessor is aware, or could reasonably be aware, that affect the information in the head lessor disclosure statement.

• (a) the lessor must, within 28 days of receiving the request, give the prospective sublessor a head lessor disclosure statement that is updated to the date it is given; and
• (b) the prospective sublessor must pay the lessor’s reasonable expenses incurred for preparation of the head lessor disclosure statement.