Federal, state and territory governments have agreed to ‘National Principles’ on tenancy during the pandemic, including that there should be ‘a short term, temporary moratorium on eviction for non-payment of rent to be applied across commercial tenancies impacted by severe rental distress due to coronavirus’.
A moratorium is not a waiver of your co-operative or mutual’s rent, but means there will be a short period (probably 6 months) where eligible tenants cannot be evicted for non-payment.
It is expected a mandatory code, including details of the moratorium will be introduced in coming weeks. BCCM will update this information when the range of options for retail tenants are clarified.
When will the moratorium apply?
- You are a commercial or retail tenant with turnover under $50 million
- You are eligible to participate in JobKeeper (see our JobKeeper fact sheet)
How to apply
You do not need to apply.
While these principles are yet to become law, they can be used as a guide for conducting negotiations with your landlord. Tenancy is regulated by states and territories, so different states and territories may implement this as law at different times.
It will apply during the operation of JobKeeper (see our JobKeeper fact sheet)
How can BCCM help?
- Supply chain and business continuity issues – email firstname.lastname@example.org Attn: Anthony Taylor
- Government assistance for coronavirus impacted businesses – email email@example.com Attn: Anthony Taylor
- Free coronavirus updates and information. Sign up to our eNews – email firstname.lastname@example.org Attn: Steph Newman
- Follow us on LinkedIn, Twitter, Facebook
- Go to our COVID-19 page
- Join the coronavirus member group – email email@example.com Attn: Steph Newman
Information about becoming a member:
- Email firstname.lastname@example.org
This information was prepared by the BCCM. It does not constitute legal or other professional advice and should not be relied on as such. You should obtain legal or other professional advice in relation to any particular matters or concerns that you have. The BCCM does not make any claim or representation or give any warranty in relation to the document, and is not responsible for the accuracy, currency or suitability of the information in the document.