Business & Commercial Archives - Kydon Segal Lawyers

Kydon Segal Lawyers


Stamp Duty on Call Option Fees

On 19 May 2022, the State Revenue and Fines Legislation Amendment (Miscellaneous) Act 2022 (NSW) (‘the Act’) received Royal Assent. The Act operates to broaden the current duty coverage in NSW, introducing significant changes to the Duties Act 1997 (NSW). One of these significant changes include the imposition of duty when granting put and/or call […]

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Technology Changes and its impact on Legal Practice

The Registrar General has declared that from 22 March 2021, twenty-nine dealings must be lodged electronically. These changes mean that NSW Land Registry Services will no longer be able to accept these certain dealings in paper at their Lodgement Office unless a Conveyancing Rules waiver applies. The list of exemptions can be found here: The […]

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Mandatory Code of Conduct for Commercial Leases

On 3 April 2020, the National Cabinet agreed that States and Territories would implement a mandatory Code of Conduct (the Code) which outlines a set of good faith leasing principles for commercial tenancies who are small-medium sized businesses with an annual turn over of $50 million and who are eligible for the Job Keeper Payment*. […]

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Can Purchasers rescind contracts for sale due to Covid-19?

Over the last few weeks the world as we know it has been turned on its head by the Covid-19 virus. The majority of the population is facing unprecedented unemployment and financial uncertainty, financial markets are in freefall and financial institutions are, again, tightening their lending criteria. The current situation is particularly problematic for purchasers, […]

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