32U
CurrentAcceptance and refusal of offer
Part 2AProviding freehold
Division 5Allocation process for available land—interest holder
32U Acceptance and refusal of offer
(1)
On receipt of the trustee’s offer, the eligible person may accept or refuse the offer by notice given to the trustee.
(2)
However, if the eligible person does not give notice to the trustee within 45 days after the eligible person receives the offer, the eligible person is taken to have refused the offer.
(3)
If the eligible person refuses the offer, the trustee must give notice about the refusal to the chief executive.
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