29 General Conditions -10.1 (Transfer and Duty) and 17.2 (Settlement) are deleted and replaced with Special Condition 15. General Condition 12 (Building warranty insurance) is deleted. General Conditions 14.1, 14.2 and 14.5 (Deposit) are deleted and replaced with Special Condition 7. General Conditions 15 (Deposit Bond) and 16 (Bank Guarantee) should be deleted and replaced with Special Condition 8. General Condition 19 (GST) is deleted and replaced with Special Condition 18.5 General Condition 20 (Loan) is deleted and replaced with Special Condition 9. General Conditions 21 (Building Report), 22 (Pest Report) and 30 (Terms Contract) are deleted. General Condition 23 (Adjustments) is deleted and replaced with Special Condition 21. General Condition 26.2 (Time & Co Operation) is deleted and replaced with Special Condition 53. General Condition 28 (Notices) is deleted and replaced with Special Condition 23. General Condition 29 (Inspection) is deleted and replaced with Special Condition 52. General Condition 31 (Loss or damage before Settlement) is deleted and replaced with Special Condition 11. General Conditions 32 (Breach) and 33 (Interest) are deleted and replaced with Special Condition 10. General Condition 35.4(a) is deleted and replaced with the following: “an amount equal to 10% of the price is forfeited to the vendor as the vendor’s absolute property.” GUARANTEE Corporate purchaser If the Purchaser is or includes a corporation or trustee, or the Purchaser wishes to nominate another party to be the substitute or additional purchaser and that party is or includes a corporation or a trustee, the Purchaser must deliver to the Vendor the Guarantee: (1)
at the same time as the Purchaser executes this Contract; or
(2)
at the same time as the Purchaser nominates another party to be the substitute or additional purchaser.
Exclusions Special Condition 4.1 does not apply if the shares of the corporation are listed on the Australian Stock Exchange Ltd.
