Consultation Paper – Commercial Tenancy (Retail Shops) Agreements Act 1985 (WA)
16 Jun 2022
Time to read: 1 MIN
The Western Australian Government is reviewing the Commercial Tenancy (Retail Shops) Agreements Act 1985 (WA) (CT Act).
Any changes to the CT Act will have implications for property developers, commercial landlords and tenants in WA.
The Government’s June 2022 Consultation Paper has flagged that the following key issues are under review:
- leases covered by the Act
- minimum 5 year terms
- disclosure requirements
- calculation of turnover
- trading hours
- contribution to marketing funds
- first right of refusal
- early termination due to severe financial hardship
- dispute resolution
- unconscionable conduct
- impact of COVID-19 and other issues.
Consider making a submission
Interested parties should consider making a submission on the Consultation Paper before the closing date of Monday 8 August 2022.
GET IN TOUCH
16/06/2022 7:00:00 AM
Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.