Joint Ventures

In Brief Joint Ventures are agreements between 2 or more businesses to come together to carry out an undertaking and share in the profits from it. When businesses combine their resources, knowledge or skills and work together they can gain benefits

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Insolvency – Recognising It

In Brief A company is insolvent if it is unable to pay its debts as and when they fall due, having regard to current and expected cash flow assessed having regard to the nature of the business and the balance sheet of the company.

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Retail and Business Tenancies – Special Rules

In Brief This legislation was put in place to provide certainty of terms of retail tenancy agreements and protection for tenants operating in retail settings. The legislation applies to all kinds of agreements that grant occupancy rights to a tenant where the premises is of a type caught by the legislation (not just leases).

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Agreements for Lease

In Brief Where the parties are not ready to enter into a lease for some reason (such as that the premises are under construction or the Landlord must carry out works to make the premises ready for occupation by the tenant), an Agreement for Lease may be desirable (or essential) to protect the interests of…

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Commercial Leases

In Brief In Australia, handling of “personal information” is regulated by the federal Privacy Act (1988)(Privacy Act). Note there is also various legislation specific to States and Territories, however generally speaking, if your business has a policy that reflects compliance with the Privacy Act

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Lease Or Licence

In Brief Pay attention to the most appropriate form of tenure – is it a lease (exclusive possession by the occupier), or a licence (appropriate for shared spaces/pop ups in common areas/some short-term occupancies).

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