Five Farms | Stage 22 Contract of Sale

Page 32

28 "Vendor's Statement" means the statement made by the Vendor under section 32 of the Sale of Land Act 1962 (Vic), a copy of which is attached to this Contract. “Workspace” means an electronic workspace generated by the Electronic Lodgement Network (as defined under the ECN Law). INTERPRETATION In this Contract, unless the context otherwise requires: A reference to (1)

any legislation or legislative provision includes any statutory modification or re-enactment of, or legislative provision substituted for, and any statutory instrument issued under, that legislation or legislative provision;

(2)

the singular includes the plural and vice versa;

(3)

an individual or person includes a corporation, firm, Relevant Authority, government or government authority and vice versa;

(4)

any gender includes the other genders;

(5)

a party to this Contract includes that party's executors, administrators, successors and permitted assigns;

(6)

a condition, annexure or Schedule is a reference to a condition, annexure or Schedule of this Contract;

(7)

including and singular expressions are not words of limitation; and

(8)

headings are for convenience and reference only and do not affect the meaning or interpretation of this Contract.

Any obligation on the part of two or more persons under this Contract binds all of them jointly and each of them severally, unless expressed to be only several. The obligations imposed and the benefits conferred under this Contract on each of the parties are binding upon and ensure for the benefit of the respective parties and each of their respective successors in title, legal personal representatives and permitted assigns. If an act must be done on a specified day, which is not a Business Day, the act must be done on the Business Day immediately after that specified day. If a provision is held to be illegal, invalid, void, voidable or unenforceable, that provision must be read down to the extent necessary to ensure that it is not illegal, invalid, void, voidable or unenforceable, and the validity and enforceability of the remaining provisions of the Contract will not be affected. GENERAL CONDITIONS DELETED OR AMENDED General Condition 3 (Guarantee) is deleted and replaced with Special Condition 4. General Condition 4 (Nominee) is deleted and replaced with Special Condition 5.


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