E-briefing: Summarising the Covid-19 (Temporary Measures) Act 2020 For Commercial Landlords

E-briefing: Summarising the Covid-19 (Temporary Measures) Act 2020 For Commercial Landlords
10 Apr 2020

Introduction

1. On 7 April 2020, Parliament passed the wide-ranging COVID-19 (Temporary Measures) Act 2020 (the “Act”) to provide temporary, targeted relief to alleviate the immense pressures caused to individuals, firms and businesses as a result of the COVID-19 pandemic.

2. We have reviewed the Act in our article, particularly in relation to how the Act affects commercial landlords

3. The article is attached to this e-briefing, and deals with the following:  

  1. Pre-requisites to Temporary Reliefs
  2. Types of Temporary Reliefs Available
  3. Temporary Relief Period
  4. Consequences of Contravention
  5. Determination by Assessors
  6. Passing on Property Tax Remissions

4. Please note that you can click on each section in the enclosed article to be taken directly to that section.

5A copy of the article can also be found here.

 

For further information, contact:

Justin Chia

Head of Practice Group,

Asset Recovery, Restructuring & Insolvency

Partner, Eversheds Harry Elias

JustinChia@eversheds-harryelias.com

+65 6361 9814

Kok Yee Keong

Senior Associate, Eversheds Harry Elias

YeeKeongKok@eversheds-harryelias.com

+65 6361 9813

Flora Koh

Associate, Eversheds Harry Elias

FloraKoh@eversheds-harryelias.com  

+65 6361 9316 

 

For more information, please contact our Business Development Manager, Ricky Soetikno at rickysoetikno@eversheds-harryelias.com

 

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