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Cheers for progressive stand: How businesses should be treated in absence of regulatory clarity

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New age enterprises that have disrupted how business was done traditionally in certain segments have proved a regulatory puzzle in many jurisdictions. AirBnB upended hospitality by channelling unused accommodation capacity in private residences. The home-stay aggregator has also exposed the gaps in property regulation given residential and commercial property are governed in most jurisdiction by separate sets of laws. In England, a court last year said that leaseholders couldn’t use leased properties as home-stays on AirBnB if there was any clause in........

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