The Coronavirus Act 2020 (CVA 2020) came into force on 26 March 2020 and substantially affects the ability of landlords to recover possession of commercial premises.
Section 82 of the CVA 2020 contains protections for business tenancies that restrict the landlord’s ability to forfeit a lease during the relevant period for non-payment of rent. The relevant period began on 26 March 2020 and was due to end on 30 June 2020, but regulations have been made which have extended this period to 31 March 2021 in both England and Wales.
Legislation has also been made which restricts the circumstances in which commercial rent arrears recovery can be used, and winding-up petitions can be presented, also until 31 March 2021.
For further updates and advice on recovery of possession for commercial premises please contact Anna Duffy on 0151 230 1219.
