The State Parliament has passed a Bill to extend leasing protections for commercial tenants until 6 February 2021.
The South Australian Business Chamber recently surveyed members on this topic and the majority sought an extension to both the eviction restrictions and broader aspects of the Commercial Leasing Code beyond 28 September.
However, many members also commented about the need to distinguish between protections for tenants with and without material pre-COVID arrears.
The extension of the COVID-19 Emergency Response Act 2020 rolls over the existing commercial leasing arrangements, with a clarification around a landlords’ power to take prescribed action against a tenant for a breach of a lease while not being classified as an affected lessee (i.e. eligible for JobKeeper and under the $50m turnover threshold).
The South Australian Business Chamber can help you understand the Commercial Leasing Code.
The South Australian Business Chamber members who have either joined or renewed at the ‘Start-Up’ membership category or higher receive a complimentary 30-minute Commercial Leasing consult with one of our subject matter expert partners.
The complimentary 30-minute phone consult can support members within the following focus areas:
For further information or to take up this benefit, please contact one of our friendly the South Australian Business Chamber Customer Service representatives on 8300 0000.
For further information on the legislative changes in relation to leasing protections, please click here:
https://www.sasbc.sa.gov.au/article/view/348
