Renovation of Tenancy Laws in New South Wales
A raft of changes to the Residential Tenancies Act 2010 (NSW) (Act) and Residential Tenancies Regulation 2019 (NSW) (Regulation) will commence on 23 March 2020 (commencing date). New South Wales Landlords and agents should make themselves familiar with the changes – the main ones are summarised below.
New Partner Announcement
Polczynski Robinson is very pleased to announce the appointment of Richard Lyne as a partner of the firm, effective 1 March 2020.
The man who ‘Chanced’ it, but eventually drew ‘Go Directly to Jail’
It was like a game of Monopoly, with the bankrupt ‘passing Go’ several times and collecting money along the way. But luck eventually ran out for a four-time bankrupt who had obtained over $1.7 million in loans from an unsuspecting victim without disclosing to her that, at the time each loan was made, he was an undischarged bankrupt, contrary to section 269(1)(a) of the Bankruptcy Act 1966 (Cth).
Does knowledge equal power?
With great power (to creditors) comes great responsibility (of insolvency practitioners), and the Court is holding insolvency practitioners to account.