Knowledge Highlights 22 May 2020

The Covid-19 (Temporary Measures) (Transfer of Benefit of Property Tax Remission) Regulations 2020 (“Regulations”) came into operation on 13 May 2020. The Regulations delineate how landlords of non-residential properties are required to transfer to prescribed tenants the benefit of the property tax remissions prescribed in response to the Covid-19 pandemic.

In particular, the Regulations provide for the following in relation to Part 6 of the Covid-19 (Temporary Measures) Act 2020:

1.  Prescribed remissions;

2.  Prescribed lessees and licensees;

3.  Amount of benefit for passing on;

4.  Manner of and time for passing on benefit;

5.  Owners’ obligation to provide information to tenants; and

6.  Exemption from passing benefit.

Part 6 of the Covid-19 (Temporary Measures) Act 2020 came into force on 22 April 2020, bringing into effect provisions that impose a duty on owners of non-residential properties to transfer to their lessees and licensees the benefit that owners receive from any reduction in property tax under the prescribed remissions in response to the Covid-19 pandemic.

This article provides a summary of some provisions in the Regulations. To read the article, please click here.

Further information

Allen & Gledhill has a Covid-19 Resource Centre on our website that contains knowhow and materials on legal and regulatory aspects of the Covid-19 crisis.

In addition, we have a cross-disciplinary Covid-19 Legal Task Force consisting of Partners across various practice areas to provide rapid assistance. Should you have any queries, please do not hesitate to get in touch with us at