Current as at 31 August 2021 New Commercial Tenancy Relief Scheme The Commercial Tenancy Relief Scheme Regulations 2021 (the “Regulations”) were passed on 24 August 2021, backdated to be effective from 28 July 2021. We have outlined here the Regulations’ application. If you have any specific concerns or questions, please do not hesitate to contact …
Current as at 3 August 2021 New Commercial Tenancy Relief Scheme It was announced on 28 July 2021 that the Victorian Government will be reintroducing the Commercial Tenancy Relief Scheme to ease pressure by providing rent relief to eligible tenants with separate support provided to landlords. Today, the Victorian Government has announced that new legislation …
If you are walking into a property transaction, be it selling big or buying small, it is extremely important that your transaction is completed timely and smoothly. No matter the size of the transaction, you should always ensure that it is carefully assessed before you pick up the pen and sign the contract. At Scott …
Current as at 16 December 2020 We refer to our previous articles of 11 May 2020 and 13 October 2020 about the Commercial Tenant Relief Scheme provided by the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 and the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Miscellaneous Amendments Regulations 2020 (the Commercial …
Current as at 13 October 2020 We refer to our previous article dated 11 May 2020 about the Commercial Tenant Relief Scheme provided by the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (the Regulations). This article is intended to provide an update regarding the key amendments to the Regulations introduced by the …
Current as at 11 May 2020 The National Cabinet Mandatory Code of Conduct (the Code) was an interim guide only for landlords and tenants during COVID-19. On 1 May 2020, the Victorian Government passed legislation which replaces the Code. From 29 March 2020 to 29 September 2020, the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and …
Everyone with assets over the age of 18 should consider making a Will. Making a Will is the positive process of creating a legal document which specifies who you would like to leave your assets to in the event of your death (your Estate). Without a valid Will, your Estate is likely to be distributed …
Transitioning a business from one generation to the next is one of the more difficult things confronting a family business. There are not only the financial, legal and practical matters to consider but also the emotional issues that make the discussions much more difficult. The 3 elements to successful transition are: Transitioning the management of …
Current as at 18 April 2020 There has been a lot of information to take in lately with all the news, restrictions and incentives. It’s fair to say that there has been panic, confusion and misinformation. It has been hard to keep up with all the announcements! This has been another challenge for affected businesses. …
Knowing how much to sell your business for or how much to pay to purchase a business is tricky. What’s it worth? Simply put, a business is worth what you can sell it for, or what somebody is willing to pay for it. Ultimately, the market will dictate the price. Factors include: Location Nature of …
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Scott Legal is a well trusted legal company based in Hoppers Crossing, Victoria. Scott Legal was set up with the desire to bring great legal advice to people who understand the need for professional legal knowledge.
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Hoppers Crossing VIC 3029
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