February 2, 2022 · Mingqiang
Retail Small Business Owners: Is Your Lease Agreement “Unlawful”? Some Lease Traps and Misrepresentations Could Cost You…
In mid-January this year, in light of Omicron's impact on NSW small and medium-sized businesses, the NSW government extended the rent deferral and relief measures for commercial tenants with an annual turnover of less than AUD 5 million, with the extension running until 13 March 2022. At the height of last year's NSW outbreak, on 14 July the NSW government enacted the Retail and Other Commercial Leases (COVID-19) Regulation 2021 (the "Regulation"), and on 13 August passed an amendment that provided greater protection for tenants who entered leases before 26 June 2021 and were affected by the pandemic.
