Form · Commercial Property & Leasing

Retail lease disclosure statements: NSW lessor's and lessee's statement (official form), with Victorian and Queensland notes

Completion guide for the NSW retail lease disclosure statement (Parts A and B), with the timing rules and the tenant's remedies, plus the different Victorian and Queensland requirements.

Kind
Form. A form to complete, or a guide to completing an official one.
Where it applies
New South Wales, Victoria, Queensland
AI use
Yellow AI can help in set ways. A lawyer checks specific points before use.
Law stated as at
17 October 2026
Status
Maintained. Checked against the cited sources on 17 October 2026.
Version
1
Source
Link to the official form. Licence: Link only. The form is © State of NSW (NSW Small Business Commissioner) and is prescribed by Schedule 2 of the Retail Leases Act 1994 (NSW). Victorian forms are in the Retail Leases Regulations 2023 (Vic) and published by the Victorian Small Business Commission.

Where this comes from

The official form is published by smallbusiness.nsw.gov.au; this page is a completion guide. Last checked on 2026-10-17.

When to use it

Use for every retail shop lease, agreement to lease or renewal in NSW, and as a cross-check in Victoria and Queensland. Always complete the current official form; this guide explains it and does not replace it.

How AI may be used

AI may prefill a draft of Part A from the lease and the lessor's records for checking, but every figure is a representation by the lessor and must be verified against its source.

AI may

  • Extract lease particulars (term, options, rent, reviews, fit-out, trading hours) into a draft of Part A with clause references.
  • Build the outgoings estimate table from last year's outgoings statement and budget, with each line linked to its source.
  • Compare a completed statement with the final lease and list inconsistencies.

AI must not

  • Must not estimate outgoings or centre turnover figures without a documented source.
  • Must not complete Part B (the lessee's statement) for the lessee or describe representations the lessee relied on.
  • Must not be used to decide whether the Act applies to the premises.

The lawyer checks

  • Every outgoing the lessee will pay is disclosed, with a reasonable basis for each estimate.
  • The statement matches the final lease, including any late changes.
  • Service date is recorded so the 7-day (NSW) or 14-day (Vic) period can be proved.

Method: how the Green, Yellow and Red levels are decided. This is guidance for planning, not legal advice.

Authorities

Official form

Open the official form. Always use the current version from the issuer. Licence: Link only. The form is © State of NSW (NSW Small Business Commissioner) and is prescribed by Schedule 2 of the Retail Leases Act 1994 (NSW). Victorian forms are in the Retail Leases Regulations 2023 (Vic) and published by the Victorian Small Business Commission..

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