A summary of key questions are listed below:
Are you an essential business?
Unless you are an essential business or one that supports them, you must close your premises.
The line between essential and non-essential businesses is not always clear.
Are tenants required to pay rent?
Some (but not all) leases contain rent abatement clauses that may allow a tenant to avoid paying rent if they have been required to close their premises.
The precise requirements of these clauses differ between leases.
Will insurance apply?
|Review your policies carefully. However in most cases there will be an exclusion for notifiable or infectious diseases.|
What are the employment implications?
Essential businesses and businesses operating with employees at home should continue to pay employees in the ordinary way.
The law is not clear for non-essential businesses whose premises are closed and whose employees cannot work from home.
Is government support available?
|We set out details in our article below of the government support packages that are available.|
Read the full article here:
COVID-19 Alert Level 4: practical tips for businesses - 27 March 2020
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