The
Australian Department of Immigration & Border Protection (DIBP) is making
changes to the visa system as part of the National Innovation and Science
Agenda.
It is
intended that these changes will help Australia attract and retain the best and
brightest entrepreneurial talent and the skilled, talented people Australia
needs to drive ideas from research to commercial reality.
On 10
September 2016, DIBP launched a new Entrepreneur visa’ stream and amended the
‘points test’ for the skilled migration programme.
The
Entrepreneur...
Thursday, 13 October 2016
Victorian retail landlords – remember your notice obligations
Landlords of premises regulated by the Retail Leases Act
2003 (Vic) (RLA) should diarise the
various dates needed for them to comply with their notice obligations under Sections
28 and 64 of the RLA, especially if they wish to avoid unintentionally
extending the term of the lease. In this
regard, even though the relevant lease document may clearly record the last day
of the lease, that date may be extended by Sections 28 and 64, which may have
consequences for a landlord who requires the premises to be vacated by a
particular date.
Section...
Retail leasing Ministerial determination
It is not uncommon for a commercial
landlord to desire to have a lease fall outside the operation of the Retail Leases Act 2003 (Vic) (RLA), thereby enabling the landlord to
claim land tax and lease preparation legal costs as an outgoing from the
tenant.
What constitutes a “retail lease” (being a lease which is regulated by
the RLA) is set out in Section 4 of the RLA.
One of the exceptions to a lease being a “retail lease” is where the
tenant is a body corporate or a subsidiary of body corporate whose securities
are...
Why do we need terms and conditions of trade?
Many
of our clients who are suppliers of goods and services operate under formal
written terms and conditions of trade.
Prudent
clients usually have their terms and conditions periodically reviewed to ensure
they provide the best available protection.
For
example, in recent years many suppliers of goods have amended their terms and
conditions to include new provisions under which the customer grants a security
interest over the goods supplied in favour of the supplier, to support the
customer’s payment obligations. The grant of the security...
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