Retail and Commercial Leasing Laws under NSW’S COVID-19 provisions

NewsBy Hones LawyersApril 29, 2020

The New South Wales government passed the Retail and other Commercial Leases (Covid-19) Regulations 2020 (Regulations) on 24 April 2020 and the provisions became effective from that date. The Regulations expand on the provisions of the Mandatory Code. In general terms, they provide the following: 1. Eligibility a) Impacted lessees, being tenants of a retail…

Mandatory Code of Conduct Introduced in the Wake of COVID-19

NewsBy Hones LawyersApril 16, 2020

The national cabinet has now met and produced the Mandatory Code of Conduct which imposes a set of good faith principles to apply to retail, office and industrial tenancies. The Code sets out how landlords and tenants must share the financial risk and cashflow risk during the COVID-19 period. The Code sets out how the…