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Victorian Commercial Tenancy Relief Scheme

Victorian Commercial Tenancy Relief Scheme

The Victorian Government has issued regulations for the new Commercial Tenancy Relief Scheme which set out the process that must be followed by landlords and tenants in respect of further requests for rent relief as well as other requirements in respect of leases.

To qualify for rent relief, tenants must meet a decline in turnover test which generally compares their turnover during three consecutive months between 1 April and 30 September 2021 to the same three months in 2019. Requests for rent relief must be provided to landlords on or before 30 September if the tenant wants the rent relief to be backdated to the commencement of the new scheme.

In this webinar, our team of experts, Partners Craig Whatman and Andrew Clugston and Senior Manager Nicole Hornsby shared more about the scheme and how the rules apply to you and your business.

For more view the Victorian Government reintroduces rent relief for eligible tenants article.

The information presented in this webinar was accurate at the time of recording, 7 September 2021.
This content is general commentary only and does not constitute advice. Before making any decision or taking any action in relation to the content, you should consult your professional advisor. To the maximum extent permitted by law, neither Pitcher Partners or its affiliated entities, nor any of our employees will be liable for any loss, damage, liability or claim whatsoever suffered or incurred arising directly or indirectly out of the use or reliance on the material contained in this content. Pitcher Partners is an association of independent firms. Pitcher Partners is a member of the global network of Baker Tilly International Limited, the members of which are separate and independent legal entities. Liability limited by a scheme approved under professional standards legislation.

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