Land and Business (Sale and Conveyancing) Regulations 2025
1A register is not required to be prepared for a workplace—
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1 A register is not required to be prepared for a workplace— (a) if a register has already been prepared for the workplace; or (b) if— (i) the workplace is a building that was constructed after 31 December 2003; and (ii) no asbestos has been identified at the workplace; and (iii) no asbestos is likely to be present at the workplace from time to time. 2 A person with management or control of a workplace who plans to relinquish management or control must ensure (so far as is reasonably practicable) that the asbestos register is given to the person assuming management or control of the workplace. 6 During the period between the end of the most recent financial year or period covered in the summary of Division 1 of Schedule 1 and the date appearing in Part C of this statement— (a) the business *was/was not satisfactorily maintained (b) no circumstances adversely affecting the business arose except the following: (c) the average weekly sales have been: $ (d) the daily hours of trading have been: 7 During the period referred to in item 6, have any circumstances arisen or have any trading practices been adopted (including any substantial discounting of goods or services) that have affected— (a) the gross profit of the business in dollar terms? *YES/NO (b) the gross profit of the business in percentage terms? *YES/NO If the answer to either question is YES, give full particulars: †8 (1) The asking price of the business (excluding stock and freehold interest in land (if any) being sold) is: (2) The estimated value of stock to be acquired with the business is: (3) The asking price for the business (including estimated value of stock but excluding price for land sold) is: († Strike out or omit this item if the sale is by auction) 9 (1) Does the business operate as a *company/sole trader/partnership/association, charitable or other organisation? (2) Does the vendor work in the business? *YES/NO (3) Does any other person work in the business? *YES/NO (4) If the business operates as a partnership, are all of the other persons who work in the business partners in the business? *YES/NO (5) Has the vendor ever been registered with Return to Work Corporation of South Australia or WorkCover Corporation as an employer? *YES/NO If YES, is the vendor currently so registered? *YES/NO You must register with Return to Work Corporation of South Australia as an employer within 14 days of commencing to employ workers if the amount payable to your workers in a financial year (being a financial year for the purposes of regulation 50 of the Return to Work Regulations 2015) exceeds $12 286 (indexed) in total, otherwise significant penalties may be imposed. You should determine whether the vendor has any workers suffering a work disability (particularly where their employment has been or is about to be terminated) as you may be required to take on the vendor's obligations under the Return to Work Act 2014. (This information may be provided to you by the vendor subject to the confidentiality provisions applicable to employers under section 186 of that Act). The premium payable by you (compared to that currently paid by the vendor) may be affected by your willingness to retain, employ or re‑employ disabled workers with compensable injuries. 10 The following persons (including the vendor and members of the vendor's family whether or not remunerated) are engaged in the business in the following full‑time and part‑time positions on the days, for the hours and at the rates of pay set out below: