Body Corporate and Community Management Act 1997
sec.422Termination of existing contract for sale of existing lot—inaccuracy of disclosure statement
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sec.422 Termination of existing contract for sale of existing lot—inaccuracy of disclosure statement
This section applies if, immediately before the commencement, a buyer may have terminated a contract under former section 209 on either of the following grounds— former section 209(1)(b)(i) applied to the contract because information contained in the disclosure statement was inaccurate in relation to a matter mentioned in former section 206(2)(b)(ii), (iii) or (iv); former section 209(1)(b)(ii) applied to the contract. Former section 209, including its application of former section 206, continues to apply to the contract. s 422 ins 2013 No. 11 s 13 (sec.422-ssec.1) This section applies if, immediately before the commencement, a buyer may have terminated a contract under former section 209 on either of the following grounds— former section 209(1)(b)(i) applied to the contract because information contained in the disclosure statement was inaccurate in relation to a matter mentioned in former section 206(2)(b)(ii), (iii) or (iv); former section 209(1)(b)(ii) applied to the contract. (sec.422-ssec.2) Former section 209, including its application of former section 206, continues to apply to the contract.
- (a) former section 209(1)(b)(i) applied to the contract because information contained in the disclosure statement was inaccurate in relation to a matter mentioned in former section 206(2)(b)(ii), (iii) or (iv);
- (b) former section 209(1)(b)(ii) applied to the contract.