NSW Update | COVID-19: Commercial Tenancies Extended to 28 March 2021
The Retail and Other Commercial Leases (COVID-19) Regulation (No 3) 2020 was announced 18 December 2020 and commences on 1 January 2021 (Third NSW Covid Regulation). This Regulation extends the prescribed period so that it now ends 28 March 2021.
Please note that the eligibility test for the jobkeeper scheme will change on 4 January 2021, and the new eligibility requirements will apply from the commencement of the Third NSW COVID Regulation.
Apart from the extension period many of the changes confirmed in The Retail and Other Commercial Leases (COVID-19) Regulation (No 2) 2020 remains the same, click here to read our previous article about the Second NSW COVID Regulation.