16BGuarantees and other forms of security

#### 16B Guarantees and other forms of security 16B Guarantees and other forms of security > > (1) A retail shop lease is taken to include a provision to the effect that the lessor is not entitled to unreasonably refuse to accept a guarantee from an authorised deposit-taking institution in satisfaction of any requirement to provide a security bond or other bond or a third party guarantee for the performance of the lessee’s obligations under the lease. > > > (2) Security provided otherwise than in the form of a security bond is not otherwise subject to the requirements of this Part (except section 16BA). > > **s 16B:** Ins 2005 No 90, Sch 1 \[22\]. Am 2017 No 2, Sch 1 \[31\].