STAMP ACT 1921 - SECT 12
STAMP ACT 1921 - SECT 12
12 . Meaning of “subdivision conditional contract”
A subdivision
conditional contract is a general conditional contract for the sale of land,
completion of which is conditional on the obtaining by the purchaser of
approval from the relevant authorities to subdivide the land or part of the
land.
[Section 12 inserted: No. 12 of 2004 s. 15.]