36Owner to notify purchaser of nomination and deferral

36 Owner to notify purchaser of nomination and deferral S. 36(1) amended by No. 5/2023 s. 36(a). (1) The owner of a place, object or land which is the subject of a nomination under this Division, before entering into a contract for the sale of the place, object or land, must inform the purchaser of the nomination and of any deferral of consideration of the nomination. S. 36(2) amended by No. 5/2023 s. 36(b). (2) If the owner of a place, object or land which is the subject of a nomination under this Division fails to comply with subsection (1), the contract of sale is not invalid, but is voidable at the option of the purchaser. Pt 3 Div. 2A (Heading and ss 36A–36F) inserted by No. 5/2023 s. 22.