then it will most likely come under the retail leases legislation.
A licence is generally not as formal as a lease and a licensee does not enjoy the same rights as a lessee. A lease grants the tenant a leasehold interest in the land a licence does not.
Generally, a lease is created whenever one person gives another:-
There are certain factors to consider when determining whether a licence has been created. The most important consideration is whether the right to possession is non-exclusive.
Non-exclusive possession of the premises points to a licence, whereas exclusive possession of a premises, or part of a premises, will usually be considered a lease.
Following are some examples of where a licence may be appropriate:-
If you want to learn more go to our article What’s the difference between a lease and licence