Mixed Use Development Act 1993
sec.201ZFTerms of service contract on transfer
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sec.201ZF Terms of service contract on transfer
This section applies to a service contract (the transferred service contract ) transferred to a person (the transferee ) under section 201ZC or 201ZE . Unless the body corporate and transferee agree otherwise, the terms of the transferred service contract are— the terms applying to the service contract under subsection (3) ; or if subsection (3) does not apply—the terms applying to the service contract immediately before the transfer (the existing terms ). The terms of the transferred service contract are the existing terms as changed under a review advice about the contract if— the review advice states how the contract’s reviewable terms should be changed to ensure they are fair and reasonable; and the body corporate gave the letting agent a copy of the review advice as required under section 201ZJ (1) . s 201ZF ins 2011 No. 27 s 302 (sec.201ZF-ssec.1) This section applies to a service contract (the transferred service contract ) transferred to a person (the transferee ) under section 201ZC or 201ZE . (sec.201ZF-ssec.2) Unless the body corporate and transferee agree otherwise, the terms of the transferred service contract are— the terms applying to the service contract under subsection (3) ; or if subsection (3) does not apply—the terms applying to the service contract immediately before the transfer (the existing terms ). (sec.201ZF-ssec.3) The terms of the transferred service contract are the existing terms as changed under a review advice about the contract if— the review advice states how the contract’s reviewable terms should be changed to ensure they are fair and reasonable; and the body corporate gave the letting agent a copy of the review advice as required under section 201ZJ (1) .
- (a) the terms applying to the service contract under subsection (3) ; or
- (b) if subsection (3) does not apply—the terms applying to the service contract immediately before the transfer (the existing terms ).
- (a) the review advice states how the contract’s reviewable terms should be changed to ensure they are fair and reasonable; and
- (b) the body corporate gave the letting agent a copy of the review advice as required under section 201ZJ (1) .