Australia: Mandatory Commercial Tenancy Code: Victorian implementation
Just before the Easter Break on 7 April, the National Cabinet agreed for the Mandatory Commercial Tenancy Code (the Code) to be legislated in each state and territory jurisdiction. While no state or territory has specifically enacted all of the provisions of the Code, the Victorian Government has today announced that urgent legislation will be introduced into Parliament on Thursday 23 April 2020 to implement the Code. We are expecting that the principles in the Code will have legal effect shortly afterwards.