Commercial Tenancies During The Coronavirus Pandemic

With all the excitement of the Federal Budget and the myriad pre-budget announcements, a lot of people missed the changes to the Commercial Tenancy (COVID-19 Response) Regulations 2020, which took effect on and from 30 September 2020.

The key points are:

  • The emergency period and the operation of the regulations and the Act, have been extended to 31 March 2021;
  • Rent still cannot be increased for tenants which are eligible for Jobkeeper 2.0, but can otherwise;
  • Aboriginal Corporations are now specifically included as small businesses, having arguably being omitted previously;
  • Previously prohibited action can be taken against insolvent, non-eligible tenants who breach a lease on or after 30 September, but with leniency provisions relating to insolvency also in force, this is very problematic; and
  • Rent relief must be given as before, if requested by an eligible tenant, but calculations are month by month.

If you found this article helpful, please consider providing a Google Review and/or like us on Facebook and LinkedIn. For help with COVID-19 regulations and Commercial Tenancies, see Michael Paterson & Associates.

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Chat:
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Western Australia 6017

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