Queensland Consolidated Acts

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LAND SALES ACT 1984 - SECT 17

17 Consequences of avoidance

(1) Where a purchaser has avoided an instrument pursuant to this part any person who, in respect of the transaction evidenced by the instrument, has received money paid by or on behalf of the purchaser shall, subject to the person complying with the law governing the person's trust account if the money is held in a trust account, forthwith refund the amount of that money to the purchaser or as the purchaser directs in writing together with the amount of interest (if any) that has accrued in respect of that amount since the money was so paid.

(2) A person entitled to a refund or payment of money pursuant to this section may recover the money by action as for a debt due and owing to the person by the person by whom it is payable.



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