15Exemptions—the Act, s 52A

15 Exemptions—the Act, s 52A

15 Exemptions—the Act, s 52A

(1) For the Act, section 52A(5)(b) and (c), the Act, section 52A(2) does not apply to the following—

(a) a contract listed in Schedule 4, Part 1 or Schedule 4, item 8 or 10,

(b) land described in Schedule 4, Part 5.

(2) Subsection (1) does not apply to the following contracts in relation to land comprising an estate or interest specified in Schedule 4, item 15—

(a) a contract for the sale of land by a mortgagee exercising a power of sale,

(b) a contract for the sale of the equity of redemption in land.