Is my shop covered by the Retail Leases Act 1994 (NSW)?
In NSW, the Retail Leases Act 1994 (“RLA”) regulates the leasing of retail premises.
Procedures of a retail lease in NSW
If you are a business owner, it is likely that at some point, you need to enter into a lease to run your business. If your lease is considered a “retail lease” within the definition of Retail Leases Act 1994 (NSW), the Act applies.
Rent Relief for Tenants of Retail and Commercial Leases
NSW government has amended Retail Leases Act (NSW) 1994 and Conveyancing (General) Regulation (NSW) 2018 to provide rent relief for retail and commercial tenants who have suffered financially due to the current lockdown.