Catchwords
Trade Practices Act 1974 (Cth) – s 51AA(1) - Where conduct was in a commercial context - Condition for renewal of lease - Required by lessor - Lessees to abandon legal claims against lessor - Whether conduct of lessor unconscionable.
Equity – Unconscionable conduct - Where conduct was in a commercial context - Condition for renewal of lease - Required by lessor - Lessees to abandon legal claims against lessor - Whether unconscientious exploitation of special disadvantage of another - Relevance of inequality of bargaining power to finding of special disadvantage.
Words and phrases – "unconscionable within the meaning of the unwritten law", "special disadvantage".
Trade Practices Act 1974 (Cth) – s 51AA(1).