Sch 9Repeal and transitional provisions

Schedule 9—Repeal and transitional provisions 1—Repeal of Land and Business (Sale and Conveyancing) Regulations 2010 The Land and Business (Sale and Conveyancing) Regulations 2010 are repealed. 2—Transitional provisions (1) A vendor's statement for the purposes of section 7 of the Land and Business (Sale and Conveyancing) Act 1994 will be taken to comply with these regulations if the statement— (a) was prepared before the relevant day; and (b) was served on the purchaser after the commencement of these regulations (or was served before the commencement of these regulations but the contract for the sale of the land in respect of which the statement was prepared was not signed before the commencement of these regulations); and (c) complies, or is taken to comply, with the Act and repealed regulations as in force immediately before the commencement of these regulations. (2) A vendor's statement for the purposes of section 8 of the Land and Business (Sale and Conveyancing) Act 1994 will be taken to comply with these regulations if the statement— (a) was prepared before the relevant day; and (b) was served on the purchaser after the commencement of these regulations (or was served before the commencement of these regulations but the contract for the sale of the business in respect of which the statement was prepared was not signed before the commencement of these regulations); and (c) complies, or is taken to comply, with the Act and the repealed regulations as in force immediately before the commencement of these regulations. (3) A reference in this clause to a vendor's statement being served on the purchaser is, where a notice of amendment to the statement is served for the purposes of section 10 of the Land and Business (Sale and Conveyancing) Act 1994, a reference to the presumed date of service of the statement under that section. (4) In this clause— relevant day means the day 2 months after the commencement of these regulations; repealed regulations means the regulations repealed by clause 1 of this Schedule; served on, in relation to a vendor's statement in respect of land, or a business and land, that is to be sold at auction, means made available for perusal in accordance with section 11 of the Land and Business (Sale and Conveyancing) Act 1994. Legislative history Notes • For further information relating to the Act and subordinate legislation made under the Act see the Index of South Australian Statutes or www.legislation.sa.gov.au. Principal regulations Year No Reference Commencement Gazette 7.8.2025 p3048 1.9.2025: r 2