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Retail Leases Act 2003
62Protection of assignors and guarantors
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62 Protection of assignors and guarantors
(1) This section applies if—
S. 62(1)(a) amended by No. 29/2011 s. 3(Sch. 1 item 81).
(a) a tenant gives a landlord and proposed assignee a copy of a disclosure statement in accordance with section 61(5A); and
(b) the disclosure statement does not contain any information that is false, misleading or materially incomplete.
S. 62(2) amended by No. 82/2005 s. 30.
(2) None of the following persons are liable to perform any obligations under the lease or to pay to the landlord any money in respect of amounts payable by the proposed assignee—
(a) the tenant;
(b) a guarantor or covenantor of the tenant.