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Contract relief plan draws cautious support from landlords, tenants
Published Wed, Apr 1, 2020 · 09:50 PM
Singapore
A NEW Bill that may give businesses a reprieve from contractual obligations including rent payments has drawn initial support from landlords and tenants, but also underlying concern about whether they are just kicking the can down the road.
Under the Covid-19 (Temporary Measures) Bill, a tenant whose business is affected by the coronavirus outbreak is entitled to suspend rental payments for six months.
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