60Contract continues in certain circumstances

60 Contract continues in certain circumstances

If –

(a) a contract for the sale of all, or any portion, of a cemetery to which this Part applies has been entered into by a proposed purchaser; and

(b) the proposed purchaser has applied under section 32 to be approved as the cemetery manager for the cemetery and that application has not been determined before ownership of the cemetery is to be transferred under the contract –

the contract is taken to have remained in force until the application under section 32 has been determined under that section and, if the application has been approved, the contract has been settled, unless the contract is earlier terminated by either party in accordance with the contract.