Common use of GST Clause in Contracts

GST. 19.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (d) the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 The purchaser is not obliged to pay any GST under this contract until a tax invoice has been given to the purchaser. 19.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is 'plus GST'. However, the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is 'plus GST'. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘'going concern’': (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘'margin scheme’ ' supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is ‘plus GST’. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is ‘plus GST’. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is s of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is ‘plus GST’. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is ‘plus GST’. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (d) the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 The purchaser is not obliged to pay any GST under this contract until a tax invoice has been given to the purchaser. 19.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 In this general condition:

GST. subscriber, confirm in writing to the purchaser that the vendor holds those documents, items and keys at the vendor’s address set out in the contract, and give, or direct its subscriber to give, all those documents and items and any such keys to the purchaser or the purchaser’s nominee on notification by the electronic lodgement network operator of settlement. 19.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (d) the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 The purchaser is not obliged to pay any GST under this contract until a tax invoice has been given to the purchaser. 19.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 In this general condition:

GST. 19.1 give, or direct its subscriber to give, all those documents and items and any such keys to the purchaser or the purchaser’s nominee on notification by the electronic lodgment network operator of settlement. 18.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 18.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (d) the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 18.3 The purchaser is not obliged to pay any GST under this contract until a tax invoice has been given to the purchaser. 19.4 18.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 18.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 18.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 18.7 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is 'plus GST'. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on and the supply (or a part of it) it does not satisfy the requirements of section 38-480 38–480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 38–325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is 'plus GST'. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘'farming business’ ' is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘'going concern’': (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘'margin scheme’ ' supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is ‘plus GST’. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is ‘plus GST’. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is 'plus GST'. However the purchaser must be paid in addition pay to the price; or (b) vendor any GST is payable by the vendor: solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) or if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (d) or if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 . The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is 'plus GST'. If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchaser. 19.4 margin scheme applies. If the particulars of sale specify that the supply made under this contract is of land on which a ‘'farming business’ ' is carried on: (a) : the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) and the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 . If the particulars of sale specify that the supply made under this contract is a ‘'going concern’: (a) ': the parties agree that this contract is for the supply of a going concern; and (b) and the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) and the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 . If the particulars of sale specify that the supply made under this contract is a ‘'margin scheme’ ' supply, the parties agree that the margin scheme applies to this contract. 19.7 . This general condition will not merge on either settlement or registration. In this general condition:

GST. 19.1 15.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 15.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (d) the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 15.3 The purchaser is not obliged to pay any GST under this contract until a tax invoice has been given to the purchaser. 19.4 15.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 15.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 15.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 15.7 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is 'plus GST'. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is 'plus GST'. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘'farming business’ ' is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘'going concern’': (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘'margin scheme’ ' supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is “plus GST”. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is “plus GST”. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘“farming business’ ” is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘“going concern’”: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘“margin scheme’ ” supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is ‘plus GST’. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘'farming business’ ' is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is ‘plus GST’. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is 'plus GST'. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on business and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is 'plus GST'. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘'farming business’ is carried on': (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘'going concern’': (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘'margin scheme’ ' supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is ‘plus GST’. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is ‘plus GST’. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 18.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 18.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (d) the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 18.3 The purchaser is not obliged to pay any GST under this contract until a tax invoice has been given to the purchaser. 19.4 18.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 18.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 18.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 18.7 In this general condition:

GST. ‌ 19.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (d) the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 The purchaser is not obliged to pay any GST under this contract until a tax invoice has been given to the purchaser. 19.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 In this general condition:

GST. 19.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (c) the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or part of it) does not satisfy the requirements of section 38-38- 480 of the GST Act; or (d) the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 The purchaser is not obliged to pay any GST under this contract until a tax invoice has been given to the purchaser. 19.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is ‘plus GST’. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on business and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is ‘plus GST’. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on’: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is 'plus GST'. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is 'plus GST'. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘'going concern’': (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘'margin scheme’ ' supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is 'plus GST'. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ business is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-38- 480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is 'plus GST'. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘'farming business’ ' is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘'going concern’': (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘'margin scheme’ ' supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser Purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor Vendor any GST payable by the vendor Vendor in respect of a taxable supply made under this contract Contract in addition to the price ifunless the Particulars of Sale specify that the Price is ‘plus GST’. However the Purchaser must pay to the Vendor any GST payable by the Vendor: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser Purchaser after the day of sale, including a change of use; or (cb) if the particulars Particulars of sale Sale specify that the supply made under this contract Contract is of land on which a ‘“farming business’ ” is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars Particulars of sale Sale specify that the supply made under this contract Contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser Purchaser must pay to the Vendor any GST payable by the Vendor in respect of a taxable supply made under this Contract in addition to the Price if the Particulars of Sale specify that the Price is ‘plus GST’. 13.3 If the Purchaser is liable to pay GST, the Purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars Particulars of sale Sale specify that the supply made under this contract Contract is of land on which a ‘farming business’ is carried on: (a) the vendor Vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser Purchaser warrants that the purchaser Purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars Particulars of sale Sale specify that the supply made under this contract Contract is a ‘going concern’: (a) the parties agree that this contract Contract is for the supply of a going concern; and (b) the purchaser Purchaser warrants that the purchaser Purchaser is, or prior to settlement will be, be registered for GST; and (c) the vendor Vendor warrants that the vendor Vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars Particulars of sale Sale specify that the supply made under this contract Contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contractContract. 19.7 13.7 This General Condition will not merge on either settlement or registration. 13.8 In this general conditionGeneral Condition: (a) ‘GST Act’ means A New Tax System (Goods and Services Tax) Act 1999 (Cth); and (b) ‘GST’ includes penalties and interest.

GST. 19.1 13.1 The purchaser Purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor Vendor any GST payable by the vendor Vendor in respect of a taxable supply made under this contract Contract in addition to the price ifunless the Particulars of Sale specify that the Price is ‘plus GST’. However the Purchaser must pay to the Vendor any GST payable by the Vendor: (a) the particulars of sale specify that GST (if any) must be paid in addition to the price; or (b) GST is payable solely as a result of any action taken or intended to be taken by the purchaser Purchaser after the day of sale, including a change of use; or (cb) if the particulars Particulars of sale Sale specify that the supply made under this contract Contract is of land on which a ‘“farming business’ ” is carried on and the supply (or part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars Particulars of sale Sale specify that the supply made under this contract Contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser Purchaser must pay to the Vendor any GST payable by the Vendor in respect of a taxable supply made under this Contract in addition to the Price if the Particulars of Sale specify that the Price is ‘plus GST’. 13.3 If the Purchaser is liable to pay GST, the Purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars Particulars of sale Sale specify that the supply made under this contract Contract is of land on which a ‘farming business’ is carried on: (a) the vendor Vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser Purchaser warrants that the purchaser Purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars Particulars of sale Sale specify that the supply made under this contract Contract is a ‘going concern’: (a) the parties agree that this contract Contract is for the supply of a going concern; and (b) the purchaser Purchaser warrants that the purchaser Purchaser is, or prior to settlement will be, be registered for GST; and (c) the vendor Vendor warrants that the vendor Vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars Particulars of sale Sale specify that the supply made under this contract Contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contractContract. 19.7 13.7 This General Condition will not merge on either settlement or registration. 13.8 In this general conditionGeneral Condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is ‘plus GST’. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on business and the supply (or a part of it) does not satisfy the requirements of section 38-480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is ‘plus GST’. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on’: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supplydPaategeof7souf p3p6ly; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition:

GST. 19.1 13.1 The purchaser does not have to pay the vendor any amount in respect of GST in addition to the price if the particulars of sale specify that the price includes GST (if any). 19.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if: (a) unless the particulars of sale specify that GST (if any) the price is ‘plus GST’. However the purchaser must be paid in addition pay to the price; orvendor any GST payable by the vendor: (ba) GST is payable solely as a result of any action taken or intended to be taken by the purchaser after the day of sale, including a change of use; or (cb) if the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on and the supply (or a part of it) does not satisfy the requirements of section 38-38- 480 of the GST Act; or (dc) if the particulars of sale specify that the supply made under this contract is of a going concern and the supply (or a part of it) does not satisfy the requirements of section 38-325 of the GST Act. 19.3 13.2 The purchaser must pay to the vendor any GST payable by the vendor in respect of a taxable supply made under this contract in addition to the price if the particulars of sale specify that the price is ‘plus GST’. 13.3 If the purchaser is liable to pay GST, the purchaser is not obliged required to pay any GST under this contract make payment until provided with a tax invoice has been given to invoice, unless the purchasermargin scheme applies. 19.4 13.4 If the particulars of sale specify that the supply made under this contract is of land on which a ‘farming business’ is carried on: (a) the vendor warrants that the property is land on which a farming business has been carried on for the period of 5 years preceding the date of supply; and (b) the purchaser warrants that the purchaser intends that a farming business will be carried on after settlement on the property. 19.5 13.5 If the particulars of sale specify that the supply made under this contract is a ‘going concern’: (a) the parties agree that this contract is for the supply of a going concern; and (b) the purchaser warrants that the purchaser is, or prior to settlement will be, registered for GST; and (c) the vendor warrants that the vendor will carry on the going concern until the date of supply. 19.6 13.6 If the particulars of sale specify that the supply made under this contract is a ‘margin scheme’ supply, the parties agree that the margin scheme applies to this contract. 19.7 13.7 This general condition will not merge on either settlement or registration. 13.8 In this general condition: