Although there have been a number of changes introduced in Victoria under the Retail Leases (Amendment) Act 2004 will they have the same impact?
A. No. The thrust of the Victorian amendments is that landlords, their agents and prospective purchasers must be made aware of these amendments and others in order to comply with their obligations under the Act to avoid penalties. Under the Victorian legislation the definition of retail premises has been amended to include part of the premises which are used wholly or predominantly for the retail sale or hire of goods or provision of services. The application of the legislation is far more straightforward than before.
