Queensland Consolidated Acts(1) This Act applies to a sale or purchase of a proposed allotment, or a proposed lot, wherever the agreement under which the sale or purchase was entered upon was made, if--
(a) when the proposed allotment becomes an allotment, it will be situated in Queensland; or
(b) when the proposed lot becomes a registered lot, it will be situated in Queensland.
(2) A reference in any provision of this Act to a sale or purchase of a proposed allotment or a proposed lot shall be construed as a reference to a sale or purchase entered upon by a vendor or purchaser under an agreement made after the commencement of the provision in which the reference occurs.