New Hong Kong rent relief law to apply to more than 19 sectors hit hard by fifth wave of Covid-19 infections, finance chief says

An unprecedented law designed to forbid Hong Kong landlords from chasing tenants for falling behind on rent will apply to more than 19 sectors hit hard by the fifth wave of coronavirus infections, according to the city’s finance chief.The law would allow small and medium-sized enterprises (SMEs) in these industries, including catering and retail, to delay rent payments from January for up to six months, Financial Secretary Paul Chan Mo-po said on Thursday.But small businesses said the new law…

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