The Retail Leases Act 2003 has accompanying regulations that complement the Act. If you are entering into a lease, it is important that you are aware of the regulations.
The main objectives of the Retail Leases Regulations 2013 are to:
- outline the amount of occupancy costs to exclude certain retail premises;
- provide information about outgoings payable by a tenant;
- outline the form of the landlord’s Disclosure Statement.