Queensland Numbered Acts

PROPERTY OCCUPATIONS ACT 2014 No. 22 - SECT 159

In this part—

buyer, for a matter, includes the buyer's agent authorised to act for the buyer for the matter.

cooling-off period see section 166.

listed means listed on a stock exchange.

registered bidder, for an auction, means a person who is registered, as prescribed under a regulation, as a bidder for the auction.

relevant contract see section 160.

seller, for a matter, includes the seller's agent authorised to act for the seller for the matter.

termination penalty, for a relevant contract, means an amount equal to 0.25% of the purchase price under the relevant contract.