Submission to Inquiry on Retail Tenancies

From:
Damien Cody
Managing Director
The National Opal Collection
Suite 804, 125 Swanston St
Melbourne VIC 3000

Ph 03 9654 5533

Recommendation

New South Wales and all other states should make changes to the relevant legislation similar to the changes made in Victoria under the Victorian Retail Tenancies Reform Act 1998 which requires a landlord to notify the tenant in writing of the final date by which an option must be exercised. This notice is primarily a reminder and a prompt for the tenant to make a decision as to whether or not to continue the lease.

Damien Cody
17th September 2007.