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Govt bans 'aggressive rent collection' for high street

Government
24 April 2020

The government has promised to protect high street shops from "aggressive rent collection" tactics during the coronavirus crisis. 

Statutory demands or winding up petitions will be temporarily voided (Credit: Toa Heftiba/Unsplash)

Any statutory demands or winding up petitions issued to high street agents will be temporarily voided in the Corporate Insolvency and Governance Bill, which Alok Sharma, secretary of state for business, energy and industrial strategy (Beis), set out earlier this month.

Landlords also cannot invoke Commercial Rent Arrears Recovery procedures unless they are owed 90 days of unpaid rent. 

This comes as all non-essential shops around the country have been ordered to close under strict Covid-19 lockdown restrictions.