RL Act definition
Examples of RL Act in a sentence
Except to the extent that the RL Act applies, the Expert will: fix and inform each party of a time for the parties to present their respective positions to the Expert.
If the RL Act applies to this Lease, to the extent permitted by the RL Act and as an incident of the Tenant's obligation to pay Outgoings under clause 7 above, the Tenant must reimburse the Landlord on demand for any Costs incurred by the Landlord in maintaining the structure of the Premises in accordance with section 52 of the Act.
Subject to the RL Act, the Landlord or the Tenant may terminate this Lease by written notice to the other party in the event that the Premises are damaged or destroyed or there is interruption to access to the Premises so as to render the Premises or any part thereof, wholly or substantially unfit for the Permitted Use and otherwise unfit for the occupation or use of the Tenant or inaccessible by any usual means of access.
If the RL Act applies to this Lease, the Tenant will not be required to reimburse the Landlord for any land tax payable in respect of the Premises or the Land.
The Tenant must: where the RL Act does not apply to this Lease, repair and maintain the Landlord's fixtures, including air conditioning and heating equipment exclusively serving the Premises (but excluding expenses of a capital nature) in accordance with the Landlord's reasonable requirements; and comply with the Landlord's reasonable requirements concerning the use of the Landlord's fixtures, including air conditioning and heating equipment.
Subject to the RL Act: except for fair wear and tear, the Tenant must keep any improvements constructed on the Premises in good order and repair and in the same condition as they were in at the start of this Lease or in the same condition as they were upon completion of their construction during the term of the Lease, and properly repaired and maintained; and the Tenant must promptly repair damage to the Premises to the extent that it has been caused or contributed to by the Tenant.
Where the RL Act applies, the Tenant acknowledges having received the following documents from the Landlord, at or prior to, the commencement of negotiations in relation to this Lease: a disclosure statement, in the form required by the RL Act; and an information brochure about the Tenant's rights and responsibilities under this Lease and the RL Act, in the form required by the RL Act.
Subject to the RL Act, not earlier than six months before a Review Date, the Landlord may give the Tenant a Review Notice specifying the Market Rent to apply for the Review Period.
In determining the Market Rent, the Valuer‑General must: have regard to: the terms of this Lease including the Permitted Use; and where the RL Act applies, any other matters that the Valuer-General is required to have regard to under the RL Act.