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Proposed Ministerial Determination under s5(1)(d) of the Retail Leases Act 2003 (Vic)

Proposed Ministerial Determination under s5(1)(d) of the Retail Leases Act 2003 (Vic)

By LIV media


Under s4(2)(g) of the Act, ‘retail premises’ to which the Act applies do not include ‘premises the tenant of which is a kind of tenant that the Minister determines under ection 5 is a tenant to which this paragraph applies’. Section 5(1)(d) of the Act provides that the Minister may ‘determine that a kind of tenant is a tenant to which section (2)(g) applies’. The draft Ministerial Determination under s5(1)(d) you have provided for comment proposes that the following kind of tenants are tenants to which 4(2)(g) of the Act applies:

  • bodies corporate whose securities are listed on an overseas stock exchange; or
  • subsidiaries (as defined in section 9 of the Corporations Act 2001) of such bodies corporate.

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