66KPostponement of passing of risk to purchaser

#### 66K Postponement of passing of risk to purchaser 66K Postponement of passing of risk to purchaser > > (1) The risk in respect of damage to land shall not pass to the purchaser under a contract for the sale of the land until— > > > > > (a) the completion of the sale, or > > > > > (b) the time stipulated by the parties to the contract, being a time after the purchaser enters into, or is entitled to enter into, possession of the land, > > > > whichever first occurs. > > > (2) The reference in subsection (1) to possession of land includes a reference to— > > > > > (a) the occupation of the land (whether pursuant to a licence or otherwise) pending completion of the sale of the land, and > > > > > (b) the receipt of income from the land. > > **pt 4, div 7 (ss 66J–66N):** Ins 1986 No 6, Sch 1 (2).