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s 19E

Buyer’s obligation on receipt of sunset clause notice

In force
Part 2Sale of proposed lots
Division 4AOff-the-plan contracts—sunset clauses

19E Buyer’s obligation on receipt of sunset clause notice

(1)

This section applies if a buyer of a proposed lot is given a sunset clause notice under section 19D.

(2)

The buyer must consider the information stated in the sunset clause notice and—

(a)

act reasonably in the circumstances; and

(b)

respond to the notice within the time stated in the notice.

(3)

If the buyer does not respond to the sunset clause notice, the failure to respond is not to be taken as evidence that the buyer consents to the termination of the contract under the sunset clause the subject of the notice.

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