COVID-19 Disease Emergency (Commercial Leases) Regulations 2020

Displayed and numbered in accordance with the Rules Publication Act 1953.

Notified in the Gazette on 24 July 2020

These regulations are administered in the Department of Justice.

EXPLANATORY NOTE

(This note is not part of the regulation)

These regulations made under the COVID-19 Disease Emergency (Commercial Leases) Act 2020 prescribe –

(a) that turnover is prescribed to be a factor in relation to rent, or a component of rent, for the purposes of section 17 of that Act, with the effect that rent, or a component of rent, determined by turnover may be increased; and

(b) that certain fixed amounts payable by protected lessees are reduced in certain circumstances; and

(c) the frequency with which rent may be renegotiated under that Act; and

(d) that mediation under the Fair Trading (Code of Practice for Retail Tenancies) Regulations 1998 may not occur in relation to a dispute to which the Act applies.