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Loan relief guidance expected ‘in the coming days’
An industry body says it expects a guidance to be released “in the coming days” for SMSF landlords who may be seeking relief on their commercial loans following the government’s announcement of a new mandatory code for rent relief.
Prime Minister Scott Morrison said the rent relief code has been built on a set of “good faith” leasing principles, whereby landlords must not terminate the lease or draw on a tenant’s security, while tenants must honour the lease.
Read more at SMSF Adviser.
