Simon Bridges has slammed the Government’s sudden move to require commercial landlords to offer rent relief when tenants can’t operate under lockdowns as a “shocker” in more ways than one.
Earlier this week Justice Minister Kris Faafoi unveiled new temporary rules to “help ease the impacts of COVID-19 restrictions” on businesses, including making it mandatory for commercial landlords to compromise on rent with their tenants during alert level restrictions.
Essentially, landlords and tenants will have to come to an agreement on what a “fair” amount to be paid is, and if they can’t, they’ll have to go to arbitration – where a third party can make a binding decision – or mediation to resolve their differences.
The NZ Property Council said it had no warning of the changes, which were announced on the same day the Bill that would make them law was presented to Parliament.
“It’s a shocker,” National MP Bridges told The AM Show on Friday. “It’s a shocker both in terms of the terrible process, which I think this Government is becoming more and more known for; but also in terms of the substance.
“It may sound a bit pointy-headed to New Zelaanders, but actually if you muck around with contract law you really undermine the basis for doing business.”
Let no mere mortal small business ever question the love of Captain Socialism and the NZ Labour Party!
We feast on Simon Bridges tears and the wailing of the fat cat commercial landlords! Watching Captain Socialism step into the most sacred space in Capitalism – the contract – is a special moment for us all!
Forcing fat cat commercial landlords to negotiate lower rents for small business is a reminder to those small businesses, who has your back? The Political Party prepared to punch fat cat commercial landlords in the face or the National Party who helps hold you down while the fat cat commercial landlords punch you in the face?
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