Holding over after termination or expiry of lease or licence of non-residential immovable property
7B.—(1)  This section applies to a case mentioned in section 5 where —
(a)the scheduled contract is a lease or licence of non-residential immovable property; and
(b)the subject inability is the inability to vacate the property after the termination or expiry of the lease or licence and before the end of the prescribed period.
(2)  Despite any law or anything in the contract, if —
(a)the subject inability is caused by a COVID-19 event; and
(b)such conditions as may be prescribed are also satisfied,
then the lessee or licensee is not liable to pay the lessor or licensor any sums that the lessee or licensee is otherwise liable to pay under the law or contract for the inability, in excess of such amount as may be prescribed.
(3)  Subsection (2) does not apply to such sums payable under any law or contract, or to such circumstances, as may be prescribed by regulations made under section 19.
(4)  Subsection (2) does not apply if —
(a)the notification for relief is withdrawn; or
(b)an assessor makes a determination that the case in question is not one to which section 5 applies.
(5)  To avoid doubt, subsection (2) does not —
(a)limit the operation of section 5;
(b)affect any other rights and liabilities of the parties to the lease or licence; or
(c)affect any compromise or settlement made before the service of the notification for relief.
[Act 29 of 2020 wef 31/07/2020]