s. 29J mortgage and to comply with subsections (1)(a) and (1)(b). 29J Failure of vendor to comply with requirement S. 29J inserted by No. 6/2008 (1) If a purchaser serves a notice on a vendor under s. 33. section 29H and the vendor, without lawful excuse, fails to convey or transfer the land to the purchaser— (a) the vendor is deemed to have breached a condition of the terms contract and the purchaser is entitled to all civil remedies for that breach; and (b) the vendor is guilty of an offence and liable to a penalty of not more than 60 penalty units, in the case of a natural person or 300 penalty units, in the case of a body corporate. (2) In this section a lawful excuse includes where the vendor disputes in good faith the purchaser's entitlement to serve the notice. 29K Subdivision to apply despite Trustee Act 1958 and S. 29K inserted by other Acts No. 6/2008 s. 33. This Subdivision applies despite anything in the Trustee Act 1958 or in any other Act (other than the Charter of Human Rights and Responsibilities). 29L Arbitrator may determine questions S. 29L inserted by No. 6/2008 Any question as to the sufficiency of any s. 33. instrument of transfer, conveyance or mortgage submitted pursuant to this Subdivision is, in the absence of agreement between the parties, to be determined by an arbitrator.
mortgage and to comply with subsections (1)(a) and (1)(b). S. 29J inserted by No. 6/2008 s. 33. 29J Failure of vendor to comply with requirement (1) If a purchaser serves a notice on a vendor under section 29H and the vendor, without lawful excuse, fails to convey or transfer the land to the purchaser— (a) the vendor is deemed to have breached a condition of the terms contract and the purchaser is entitled to all civil remedies for that breach; and (b) the vendor is guilty of an offence and liable to a penalty of not more than 60 penalty units, in the case of a natural person or 300 penalty units, in the case of a body corporate. (2) In this section a lawful excuse includes where the vendor disputes in good faith the purchaser's entitlement to serve the notice. S. 29K inserted by No. 6/2008 s. 33. 29K Subdivision to apply despite Trustee Act 1958 and other Acts s. 29J This Subdivision applies despite anything in the Trustee Act 1958 or in any other Act (other than the Charter of Human Rights and Responsibilities). S. 29L inserted by No. 6/2008 s. 33. 29L Arbitrator may determine questions Any question as to the sufficiency of any instrument of transfer, conveyance or mortgage submitted pursuant to this Subdivision is, in the absence of agreement between the parties, to be determined by an arbitrator.
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