Queensland Consolidated Acts

LAND SALES ACT 1984 - SECT 7A

(1) This part does not apply to the sale or purchase of a proposed allotment if the sale or purchase is part of a large transaction.

(2) In subsection (1)—

large transaction means the sale or purchase of 6 or more proposed allotments if—

(a) the vendor of each proposed allotment is the same person; and

(b) the purchaser of each proposed allotment is the same person; and

(c) the sale or purchase is the subject of—

(i) a single agreement; or

(ii) 2 or more agreements entered into within 24 hours.