66XContract to contain statement regarding cooling off period

#### 66X Contract to contain statement regarding cooling off period 66X Contract to contain statement regarding cooling off period > > (1) A statement in the form prescribed by the regulations, relating to the cooling off period, is required to be included in every contract for the sale of residential property. > > > (2) If a contract does not contain the statement required under this section, the purchaser may serve a notice of rescission under section 66U, except that the notice may be served at any time before completion (whether or not the cooling off period has expired). > > > (3) On service of the notice, section 66V applies, except that the purchaser is not liable to the forfeiture provided for under that section. > > > (4) Service of the notice is ineffective if it is served after completion. > > > (5) This section does not apply where a certificate under section 66W has been given for the purposes of section 66S or 66T. > > **s 66X:** Ins 1987 No 192, sec 3. Subst 1990 No 21, Sch 1 (3).