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<oembed><version>1.0</version><provider_name>Belperio Clark Lawyers</provider_name><provider_url>https://bc-lawyers.com.au</provider_url><title>GENERAL INFORMATION FOR LANDLORDS RE COVID 19 AND TENANTS RENT REDUCTIONS - Belperio Clark Lawyers</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content"&gt;&lt;a href="https://bc-lawyers.com.au/general-information-for-landlords-re-covid-19-and-tenants-rent-reductions/"&gt;GENERAL INFORMATION FOR LANDLORDS RE COVID 19 AND TENANTS RENT REDUCTIONS&lt;/a&gt;&lt;/blockquote&gt;
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&lt;/script&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://bc-lawyers.com.au/general-information-for-landlords-re-covid-19-and-tenants-rent-reductions/embed/" width="600" height="338" title="&#x201C;GENERAL INFORMATION FOR LANDLORDS RE COVID 19 AND TENANTS RENT REDUCTIONS&#x201D; &#x2014; Belperio Clark Lawyers" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;</html><description>disclaimer/use of this informationthis information is general in nature and does not constitute legal advice. you must not rely on it. legal advice based on your specific circumstances should be sought by you. On 7 April 2020, the National Cabinet announced a Mandatory Code of Conduct (Code) to apply to small and medium sized commercial tenancies impacted by the COVID-19 pandemic. The Code aims to alter the rights of affected landlords and tenants for commercial tenancies and is intended to have nationwide application. However, each State needs to introduce legislation or regulation to adopt, implement and enforce the Code. What is the Code? The Code applies from 7 April 2020. It will apply to commercial tenancies for as long as the Commonwealth&#x2019;s JobKeeper program operates. The Code applies to: small or medium sized commercial enterprises (including retail, office and industrial tenancies) with an annual turnover of less than $50 million per year (measured at the franchisee level for franchises and at the group level for retail corporate groups). It is thought the intent is for the grouping to apply to all corporate tenants, not just retail groups; and that are eligible for the Commonwealth&#x2019;s JobKeeper program. &nbsp; The key requirements...</description></oembed>
