Mandatory Code of Conduct for Commercial Leasing

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National Cabinet Mandatory Code of Conduct for Commerical Leasing

On Tuesday 7 April 2020 the National Cabinet released a mandatory code of conduct containing “good faith leasing principles”, which will apply to all commercial tenancies. Each state and territory will pass their own legislation and regulations to give effect to the mandatory code.

This Code of Conduct applies to all commercial tenancies where the tenant is an eligible business for the purposes of the Commonwealth JobKeeper programme. It appears that the tenant merely needs to be eligible for the Jobkeeper payment, it is not necessary that they actually claim it.

Click here for a summary of the key elements of the code.

Click here to view the full code of conduct.

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