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ARTICLE · 01 OCTOBER 2020

Victorian commercial tenancy relief scheme alert

Corrs Chambers Westgarth
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The key rights and responsibilities of landlords and tenants are detailed in these regulations

AustraliaReal Estate and Construction

Regulations amending the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Vic) (Principal Regulations) were passed on (and take effect from) 29 September 2020 (Amending Regulations).1

The release of the Amending Regulations follows the earlier amendment of the enabling legislation.2 The key rights and responsibilities of landlords and tenants are detailed in the Regulations as opposed to the enabling legislation.

Key changes

  1. Extension of the 'relevant period' from 29 September 2020 to 31 December 2020.

  2. Landlord's offer of rent relief must be at least proportional to the tenant's reduction in turnover and must apply to the period commencing on the date of the tenant's request for relief and ending on 31 December 2020.

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