The Federal Government has announced the National Cabinet “Mandatory Code of Conduct for SME Commercial Leasing Principles During COVID 19 (the Code)".
Essentially this means the government is seeking to impose a set of ‘good faith’ leasing principles for application to commercial tenancies of SMEs that have an annual group turnover of up to A$50m and are eligible for the Commonwealth "JobKeeper" stimulus package. State governments have now enacted legislation enshrining the Code.
Our restructuring, property and leasing experts will cover:
- What directors need to know about the Code
- How it is likely to work in practice and what we are seeing in the market
- What is the likely impact the Code will have in restructures, insolvency restructure or voluntary administration
This webinar will give you practical guidance and the opportunity to ask questions of the experts so you can assess the best course of action for your organisation.