The leasing Mandatory Code of Conduct (Code) detailed in our previous article (https://www.chamberlains.com.au/update-on-leasing/) is now binding in the ACT.

The Leases (Commercial and Retail) COVID-19 Emergency Response Declaration 2020 became law on 12 May 2020, which gives legal effect to the code in ACT. As explained in our previous article, the purpose of the Code is to impose good faith principles for landlords and tenants to come together and negotiate an agreement.

The instrument will continue to be in force until the end of the COVID-19 emergency, or any later day notified by the Minister under the Leases (Commercial and Retail) Act 2001.