s. 7 7 When retail premises lease is entered into or S. 7 assigned substituted by No. 82/2005 For the purposes of this Act, a retail premises s. 7. lease is entered into or assigned when— (a) under the lease or assignment, the tenant enters into possession of the premises with the consent of the landlord; or (b) under the lease or assignment, the tenant begins to pay rent for the premises; or (c) the lease or assignment has been signed by all of the parties to it— whichever first occurs. 8 Effect of assignment of retail premises lease For the purposes of this Act, an assignment of a retail premises lease is taken to be a continuation of that lease (and not the entering into of a new lease). 9 Meaning of of a lease renewal (1) In this Act, the of a retail premises lease renewal means the renewal of the lease— (a) under an option granted under the lease for a further term; or (b) under an agreement to renew the lease on S. 9(1)(b) amended by substantially the same terms and conditions, No. 82/2005 except as to rent, for a further term entered s. 8. into by all of the parties to the lease. (2) However, if— (a) after a retail premises lease expires, there is a break in the tenant's possession of the premises; and
S. 7 substituted by No. 82/2005 s. 7. 7 When retail premises lease is entered into or assigned For the purposes of this Act, a retail premises lease is entered into or assigned when— (a) under the lease or assignment, the tenant enters into possession of the premises with the consent of the landlord; or (b) under the lease or assignment, the tenant begins to pay rent for the premises; or (c) the lease or assignment has been signed by all of the parties to it— whichever first occurs. 8 Effect of assignment of retail premises lease s. 7 For the purposes of this Act, an assignment of a retail premises lease is taken to be a continuation of that lease (and not the entering into of a new lease). 9 Meaning of renewal of a lease (1) In this Act, the renewal of a retail premises lease means the renewal of the lease— (a) under an option granted under the lease for a further term; or S. 9(1)(b) amended by No. 82/2005 s. 8. (b) under an agreement to renew the lease on substantially the same terms and conditions, except as to rent, for a further term entered into by all of the parties to the lease. (2) However, if— (a) after a retail premises lease expires, there is a break in the tenant's possession of the premises; and