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CONTRACT OF SALE OF REAL ESTATE – SPECIAL CONDITIONS<br />
1 DEFINITIONS<br />
1.1 Definitions<br />
In this Contract:<br />
Act means the Sale of Land Act 1962<br />
Authority means any municipality, authority or person exercising any powers or<br />
functions under any applicable laws or legal requirements, including the<br />
Council;<br />
Business Day means any day on which banks are open for business in<br />
Melbourne, Victoria;<br />
Contract means these Special Conditions, together with the General<br />
Conditions (as amended) and the Annexures, Schedules and Attachments to<br />
this contract;<br />
Council means the Greater Bendigo City Council;<br />
General Conditions means the general conditions attached to this Contract;<br />
GST means GST within the meaning of the GST Act;<br />
GST Act means A New Tax System (Goods and Services Tax) Act 1999;<br />
Guarantee means a deed of guarantee and indemnity in the form contained<br />
in Annexure A;<br />
Lot means a lot on the Plan of Subdivision;<br />
Lot Reservation Agreement means the agreement so named between the<br />
Vendor and the Purchaser in respect of the Property<br />
Plan of Subdivision means the unregistered, draft Plan of Subdivision, a copy<br />
of which is contained in Annexure B of The Lot Reservation Agreement and within<br />
the Section 32 of annexure C of the Lot Reservation Agreement;<br />
Planning Permit means any planning or other permit issued by the Council with<br />
respect to the Property (if any), as amended or replaced from time to time;<br />
Plans and Specifications means the plans and specifications (if applicable) in<br />
respect of the Property as identified in the annexure to the Vendor’s<br />
Statement;<br />
Property means the Land set out in the Particulars of Sale.<br />
Registration Date means the latest date for registration of the Plan of<br />
Subdivision being not less than twenty-four (24) months from the date of the<br />
Contract of Sale;<br />
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