07 July 2020, 2:22 AM
Eligible businesses and not-for-profits that lease or license Crown land can now apply for rent relief if they have endured financial losses during Covid-19.
The State Government's good news applies to commercial leaseholders or licence holders with a turnover less than $50 million that operate a registered business on Crown land and have suffered at least a 30% fall in turnover, or a 15% fall for not-for-profits.
Eligibility will be determined on fluctuations in their turnover during COVID-19 compared with the same periods last year.
The rent relief period will be from 1 April 2020 to 30 September 2020 and rent relief will be proportional to turnover loss.
Crown Lands customers can visit the website to fill out an online form to have their eligibility assessed: https://www.industry.nsw.gov.au/lands/your-account/covid-19-rental-assistance
FOR SALE/OPEN HOMES