New South Wales Consolidated Acts

CONVEYANCING ACT 1919 - SECT 66ZO

66ZO Purchaser's right to rescind after service of notice of changes

(1) The purchaser may, after receiving a notice of changes, rescind the contract if a change notified in the notice of changes is such that the purchaser--

(a) would not have entered into the contract had the purchaser been aware of the change, and

(b) would be materially prejudiced by the change.

(2) If a notice of rescission is not served by the purchaser in accordance with section 66ZQ, the disclosure statement is taken to be amended to include the information notified in the notice of changes.