Sale of building units—other projects
372H Sale of building units—other projects
Scope
This section applies if:
a real estate development project involves:
the construction of one or more building units on one or more areas of land; and
the making available of any or all of those building units for sale or lease; and
sewerage services, electricity or water is, are, or will be, supplied to those units.
For building unit, see section 372S.
For sale of building units, see section 372U.
For supply of sewerage services, electricity or water, see section 372Z.
For exemptions, see section 372K.
For exemption of certain projects, see section 372P.
Requirements
A constitutional corporation must not, in the course of carrying out, or carrying out an element of, the project, sell or lease such a building unit unless a functional fibre‑ready facility is installed in proximity to the unit.
For functional fibre‑ready facility, see section 372W.
For proximity, see section 372Y.
For exemptions, see section 372K.
If such a building unit is in a Territory, a person (other than a constitutional corporation) must not, in the course of carrying out, or carrying out an element of, the project, sell or lease the unit unless a functional fibre‑ready facility is installed in proximity to the unit.
For functional fibre‑ready facility, see section 372W.
For proximity, see section 372Y.
For exemptions, see section 372K.
If such a building unit is in a State, a person (other than a constitutional corporation) must not, in the course of carrying out, or carrying out an element of, the project, sell or lease the unit unless a functional fibre‑ready facility is installed in proximity to the unit.
For functional fibre‑ready facility, see section 372W.
For proximity, see section 372Y.
For exemptions, see section 372K.
Ancillary contraventions
A person must not:
aid, abet, counsel or procure a contravention of subsection (2), (3) or (3A); or
induce, whether by threats or promises or otherwise, a contravention of subsection (2), (3) or (3A); or
be in any way, directly or indirectly, knowingly concerned in, or party to, a contravention of subsection (2), (3) or (3A); or
conspire with others to effect a contravention of subsection (2), (3) or (3A).
Civil penalty provisions
Subsections (2), (3), (3A) and (4) are civil penalty provisions.
Part 31 provides for pecuniary penalties for breaches of civil penalty provisions.
Validity of transactions
A contravention of subsection (2), (3) or (3A) does not affect the validity of any transaction.
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