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