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How does the requirement for commercial tenants to have less than $50 million in annual turnover apply if they are part of a group of companies?

22 July 2021

Where the commercial tenant who is being given a rent reduction is part of a group of companies (i.e. there is one or more companies that are related to the commercial tenant) the annual turnover of the group of companies must be less than $50 million to be eligible for relief under this program.