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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.]