Land Sales Act 1984

A disclosure statement for a proposed lot must be signed by the seller and state the following—

that the seller has given the buyer a disclosure plan for the proposed lot under section 10;

whether a development approval has been granted for—

reconfiguring a lot for the proposed lot; or

any operational work for the proposed lot;

that the seller must—

settle the contract for the sale of the proposed lot not later than 18 months after the buyer enters into the contract for the sale of the lot; and

give any other documents required to be given to the buyer under section 14(3) at least 14 days before the contract is settled.

The disclosure statement must be substantially complete.

In this section—development approval means—

a development approval under the Planning Act; or

a PDA development approval under the Economic Development Act.