(a) if a contract for the sale of the lot to the
person who proposes to buy the lot (the
"buyer" ) has not been entered into before the commencement; and
(b) whether
or not the person who proposes to sell the lot (the
"seller" ) to the buyer has complied with previous section 206 in relation to
the sale.
(2) The seller must give the buyer a disclosure statement complying
with current section 206 before the buyer enters into a contract to buy the
lot.