sec.140Continuing application of former provisions

### sec.140 Continuing application of former provisions This section applies in relation to a contract for the sale of a lot or proposed lot entered into before the commencement. The following provisions continue to apply in relation to the contract as if the Land Sales and Other Legislation Amendment Act 2014 had not been enacted— schedule 4 , section 49 and 49A of this Act as in force at any relevant time before the commencement; old LSA, part 3. However, if, at any time before the settlement of a contract to which the part applies, the parties to the contract agree to settle the sale using e-conveyancing, old LSA, part 3 is to be read with the following changes— old LSA, section 22(4)(a)— omit, insert — the vendor or the vendor’s agent can not require the purchaser to settle; and’; old LSA, section 23(1), ‘, without becoming entitled in terms of the instrument to receive a registrable instrument of transfer in exchange therefor’— omit, insert — ‘(but excluding an amount payable at settlement)’; old LSA, section 23(4)— omit ; old LSA, section 25(2)(a)— omit, insert — before settlement of the sale of the proposed lot; or’; old LSA, section 25(2)(b)(ii)— omit, insert — before settlement of the sale of the proposed lot;’; old LSA, section 27, heading— omit, insert— Purchaser’s rights if purchase not settled within a certain period ’; old LSA, section 27(1)(b), ‘the vendor has not given the purchaser a registrable instrument of transfer for the lot’— omit, insert — ‘the sale of the proposed lot has not been settled’; old LSA, section 27(2), ‘before the vendor gives the purchaser the registrable instrument of transfer for the proposed lot’— omit, insert — ‘before the sale of the proposed lot has been settled’; old LSA, section 28, heading, ‘for giving of registrable instrument’— omit . In this section— e-conveyancing see the Property Law Act 1974 , section 58A . old LSA , followed by a provision number, means the provision with that number in the Land Sales Act 1984 as in force at any relevant time before the commencement. s 140 ins 2014 No. 46 s 72 (sec.140-ssec.1) This section applies in relation to a contract for the sale of a lot or proposed lot entered into before the commencement. (sec.140-ssec.2) The following provisions continue to apply in relation to the contract as if the Land Sales and Other Legislation Amendment Act 2014 had not been enacted— schedule 4 , section 49 and 49A of this Act as in force at any relevant time before the commencement; old LSA, part 3. (sec.140-ssec.3) However, if, at any time before the settlement of a contract to which the part applies, the parties to the contract agree to settle the sale using e-conveyancing, old LSA, part 3 is to be read with the following changes— old LSA, section 22(4)(a)— omit, insert — the vendor or the vendor’s agent can not require the purchaser to settle; and’; old LSA, section 23(1), ‘, without becoming entitled in terms of the instrument to receive a registrable instrument of transfer in exchange therefor’— omit, insert — ‘(but excluding an amount payable at settlement)’; old LSA, section 23(4)— omit ; old LSA, section 25(2)(a)— omit, insert — before settlement of the sale of the proposed lot; or’; old LSA, section 25(2)(b)(ii)— omit, insert — before settlement of the sale of the proposed lot;’; old LSA, section 27, heading— omit, insert— Purchaser’s rights if purchase not settled within a certain period ’; old LSA, section 27(1)(b), ‘the vendor has not given the purchaser a registrable instrument of transfer for the lot’— omit, insert — ‘the sale of the proposed lot has not been settled’; old LSA, section 27(2), ‘before the vendor gives the purchaser the registrable instrument of transfer for the proposed lot’— omit, insert — ‘before the sale of the proposed lot has been settled’; old LSA, section 28, heading, ‘for giving of registrable instrument’— omit . (sec.140-ssec.4) In this section— e-conveyancing see the Property Law Act 1974 , section 58A . old LSA , followed by a provision number, means the provision with that number in the Land Sales Act 1984 as in force at any relevant time before the commencement. - (a) schedule 4 , section 49 and 49A of this Act as in force at any relevant time before the commencement; - (b) old LSA, part 3. - (a) old LSA, section 22(4)(a)— omit, insert — ‘(a) the vendor or the vendor’s agent can not require the purchaser to settle; and’; - ‘(a) the vendor or the vendor’s agent can not require the purchaser to settle; and’; - (b) old LSA, section 23(1), ‘, without becoming entitled in terms of the instrument to receive a registrable instrument of transfer in exchange therefor’— omit, insert — ‘(but excluding an amount payable at settlement)’; - (c) old LSA, section 23(4)— omit ; - (d) old LSA, section 25(2)(a)— omit, insert — ‘(a) before settlement of the sale of the proposed lot; or’; - ‘(a) before settlement of the sale of the proposed lot; or’; - (e) old LSA, section 25(2)(b)(ii)— omit, insert — ‘(ii) before settlement of the sale of the proposed lot;’; - ‘(ii) before settlement of the sale of the proposed lot;’; - (f) old LSA, section 27, heading— omit, insert— ‘27 Purchaser’s rights if purchase not settled within a certain period ’; - ‘27 Purchaser’s rights if purchase not settled within a certain period ’; - (g) old LSA, section 27(1)(b), ‘the vendor has not given the purchaser a registrable instrument of transfer for the lot’— omit, insert — ‘the sale of the proposed lot has not been settled’; - (h) old LSA, section 27(2), ‘before the vendor gives the purchaser the registrable instrument of transfer for the proposed lot’— omit, insert — ‘before the sale of the proposed lot has been settled’; - (i) old LSA, section 28, heading, ‘for giving of registrable instrument’— omit . - ‘(a) the vendor or the vendor’s agent can not require the purchaser to settle; and’; - ‘(a) before settlement of the sale of the proposed lot; or’; - ‘(ii) before settlement of the sale of the proposed lot;’; - ‘27 Purchaser’s rights if purchase not settled within a certain period ’;