Fabian Demicoli

GRTU in the stage of finalising its work on the Rent Reform

GRTU has once again called a meeting for businesses operating from rented properties under old agreements/contracts (pre 1995), who are effected by the now in force rent reform.

 

A good number of businesses were present with those that could not attend being informed of the outcome by email/phone. GRTU reminded those present that all those who did not have an end date for their contact would have their contact ended by the new law within 18 years. In addition those who did not have a mechanism where rent increased would see their rent increased, independent of how much rent they already paid and if they paid a premium to make up for not having the rent increase.

GRTU also informed those present that in line with the agreement reached in the last meeting GRTU would take court action against certain aspects of the law and the deadline for enrolling in the court case was end September. After the closing date GRTU will be calling for a final meeting for those who entered the case.

How to enter the case:

Be a GRTU paid up member

Provide the GRTU with a copy of the contract/in absence of contract proof of payment of rent

Copy of ID card of person appearing in the rent

€50 covering legal fees

GRTU reminded those present that they had a lot to lose when it came to their business and by entering the court case they would spend much less than if they took it up in court themselves and they will be avoiding a lot of court hassle which the GRTU will be taking care of on his behalf.

What we can do for you

INFORMATION POINT

BUSINESS SERVICES

MEMBERSHIP BENEFITS

LOCAL ISSUES & LEGISLATION

B2B NETWORKING EVENTS

LEGAL ADVICE

FUNDING ASSISTANCE

COURSES

BECOME A MEMBER

The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.

A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).