*Updated The Retail and Other Commercial Leases (Covid-19) Regulation 2020 has now commenced. The Regulation provides for good faith leasing principles to apply to commercial tenancies between landlords and tenants. Commercial tenancies include retail, office and industrial leases. In order for these leasing laws to apply to a tenant, the tenant must prove to their landlord that they meet the […]
Read morePosts Categorized: Business Law
Witnessing documents during COVID-19
Witnessing documents is now possible by video link! Special measures for witnessing documents previously witnessed in person have been introduced due to COVID-19. The COVID-19 pandemic saw much of the world working remotely or behind closed doors. With the implementation of social distancing rules and our general desire to minimise contact with others meant that witnessing documents in the usual […]
Read moreCOVID-19 and the Local Court
COVID-19 has affected our courts with matters adjourned for lengthy periods to reduce numbers attending court. As we are all aware the strict restrictions put in place due to COVID-19 has caused major disruptions to every part of our lives. The court process and the criminal justice system have not been immune. Many matters have been adjourned for lengthy periods […]
Read moreCyber security and our firm – what is all the fuss about?
Cyber security and client confidentiality plays a major role in our service to you. Whether we keep your details and dealings on paper or a computer – we need to ensure its security. Using up-to-date hardware and software is a good start in ensuring electronic data security. Law Firms have been targeted by cyber criminals for years. The most common […]
Read moreGST law change for the purchase of new residential properties
Tax Laws have changed from 1 July 2018. What is the new Tax Law? Purchasers of new residential properties, where the vendor is registered for GST, are required to pay a portion of the purchase price directly to the Australian Tax Office (ATO) on or before settlement of the purchase. How much GST is payable? The purchaser will be required […]
Read moreHow binding are electronic contracts?
Electronic contracts are becoming more frequent in both business and personal use. There are a number of ways an electronic contract can be executed: • Clicking a checkbox to acknowledge agreement. • Typing yes or I agree in a form online. • Signing a document with a stylus or your finger. • Using a facility such as DocuSign to electronically sign a document. These […]
Read moreHow to protect your business from Cyber-Crime
Latest statistics reveal cyber-crime costs Australian businesses approximately $4.5 billion each year. Businesses can take out insurance for cyber-crime to protect against a cyber-attack and financial loss. However, prevention is better than cure. There is nothing worse than a disruption to your business. These days, the majority of businesses rely on computer systems to maintain their day-to-day operations. Any breach […]
Read more4 Handy tips for buying a business
Buying an existing business can often be a lot easier than starting a business from scratch. We’ve formulated a list of important tips to consider before buying a business. 1. Get accounting and legal advice before signing any contract. This may seem obvious, but you’d be surprised by how often this is overlooked. An accountant can advise you on trading figures, […]
Read moreChanges to the Retail Leases Act
Have you got a retail business? Are you leasing retail premises? From 1 July 2017, there are changes to the NSW Retail Leases Act. Disclosure Statement A Landlord is now required to provide a reasonable estimate of all outgoings payable by the tenant. Such as: Council rates Water Rates Insurance Cleaning Any other building running expenses What happens if the […]
Read moreWhat you need to know about selling a business
Selling a business is more than getting your books up to date. It’s so much more than cleaning and having the premises in tip top shape for inspections. Of course, finding a buyer is your top priority. But, what happens when you find a buyer? Have you got a contract ready for them to sign? Unlike residential conveyancing, you don’t NEED […]
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