New South Wales Repealed Regulations

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This legislation has been repealed.

HOME BUILDING REGULATION 1997 - REG 13D

Exemptions relating to cooling-off periods in contracts

13D Exemptions relating to cooling-off periods in contracts

Section 7BA (Cooling-off period: person may rescind a contract for residential building work within 5 days without penalty) of the Act does not apply to the following classes of contract:

(a) a contract referred to in clause 13 (a) or (b),
(b) a contract for residential building work entered into between the holder of a contractor licence and a developer who is taken under section 3A (1) of the Act to be a developer who does the work,
(c) a contract for residential building work that is required to be completed urgently so as to rectify a hazard, or potential hazard, to the health or safety of persons or to prevent substantial damage to property,
(d) a contract for residential building work that is supplied and prepared by or on behalf of the person who contracts with the holder of the contractor licence and not by or on behalf of the holder,
(e) a contract for residential building work for a contract price not exceeding $12,000 or, if the contract price is not known, for the provision of labour and materials by the contractor the reasonable market cost of which does not exceed $12,000.



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