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New laws to assist commercial landlords, tenants impacted by COVID-19

Saturday, 16 May 2020

New regulations have been introduced for commercial leases to protect tenants from eviction and provide greater certainty around dispute resolution and rent relief.

The regulations, which cover the six-month period from 30 March to 30 September 2020, will mean that no affected commercial tenant can be evicted for non-payment of rent or for reducing their hours of business. They will also assist with the negotiation, mediation and resolution of disputes.

 

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