BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 372
Termination relating to particular contracts for sale of proposed lots that are not residential property
BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 372
Termination relating to particular contracts for sale of proposed lots that are not residential property
372 Termination relating to particular contracts for sale of proposed lots
that are not residential property
(1) This section applies if —
(a) a contract form for the sale of a
proposed lot that is not residential property was given to a proposed buyer by
a seller before the commencement; and
(2) The contract may be
terminated under amended section 213(6)(b) and for that purpose
amended section 213(5) applies with the change mentioned in subsection (3).
(3) For applying amended section 213(5), all words from ‘must’ to
‘buyer’ are taken to be omitted and replaced by the words ‘must have had
an information sheet in the approved form attached to the contract when the
contract was given to the buyer’.
(4) For applying amended section 213(5)
(the
"provision" ) as mentioned in subsection (3)—
(a) a reference in the
provision to an information sheet in the approved form is a reference to an
information sheet in the approved form under the pre-amended provision,
section 213(5); and
(b) the word ‘attached’ has the meaning it has in
amended chapter 5.