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Natasha Burns Natasha Burns

Coronavirus and your commercial lease

To protect SMEs in their commercial lease arrangements, the federal government has stepped in and created a National Cabinet Mandatory Code of Conduct “SME Commercial Leasing Principles During COVID-19”. The code will provide SMEs with payment relief in respect of their commercial leases during the COVID-19 pandemic. The principles in this code will be applied by each State government in regulations that should be in place shortly. What does this mean for you?

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