Common use of Property Adversely Affected Clause in Contracts

Property Adversely Affected. (1) If at the Contract Date: (a) the Present Use is not lawful under the relevant town planning scheme; (b) the Land is affected by a proposal of any competent authority to alter the dimensions of any Transport Infrastructure or locate Transport Infrastructure on the Land; (c) access or any service to the Land passes unlawfully through other land; (d) any competent authority has issued a current notice to treat, or notice of intention to resume, regarding any part of the Land; (e) the Property is affected by the Queensland Xxxxxxxx Xxx 0000 or is included in the World Heritage List; (f) the Property is declared acquisition land under the (g) there is a charge against the Land under s104 of the Foreign Acquisitions and Takeovers Xxx 0000, and that has not been disclosed in this contract, the Buyer may terminate this contract by notice to the Seller given on or before settlement. (2) If no notice is given under clause 7.7(1), the Buyer will be treated as having accepted the Property subject to all of the matters referred to in that clause. (3) The Seller authorises the Buyer to inspect records held by any authority, including Security Interests on the PPSR relating to the Property.

Property Adversely Affected. (1) If at the Contract Date: (a) the Present Use is not lawful under the relevant town planning scheme; (b) the Land is affected by a proposal of any competent authority to alter the dimensions of any Transport Infrastructure or locate Transport Infrastructure on the Land; (c) access or any service to the Land passes unlawfully through other land; (d) any competent authority has issued a current notice to treat, or notice of intention to resume, regarding any part of the Land; (e) the Property is affected by the Queensland Xxxxxxxx Xxx 0000 or is included in the World Heritage List; (f) the Property is declared acquisition land under the (g) there is a charge against the Land under s104 of the Foreign Acquisitions and Takeovers Xxx 0000, and that has not been disclosed in this contract, the Buyer may terminate this contract by notice to the Seller given on or no later than 2 Business Days before settlementthe Settlement Date. (2) If no notice is given under clause 7.7(1), the Buyer will be treated as having accepted the Property subject to all of the matters referred to in that clause. (3) The Seller authorises the Buyer to inspect records held by any authority, including Security Interests on the PPSR relating to the Property.

Property Adversely Affected. (1) If at the Contract Date: (a) the Present Use is not lawful under the relevant town planning scheme; (b) the Land is affected by a proposal of any competent authority to alter the dimensions of any Transport Infrastructure or locate Transport Infrastructure on the Land; (c) access or any service to the Land passes unlawfully through other land; (d) any competent authority has issued a current notice to treat, or notice of intention to resume, regarding any part of the Land; (e) the Property is affected by the Queensland Xxxxxxxx Xxx 0000 or is included in the World Heritage List; (f) the Property is declared acquisition land under thethe Queensland Reconstruction Authority Xxx 0000; (g) there is a charge against the Land under s104 of the Foreign Acquisitions and Takeovers Xxx 0000, and that has not been disclosed in this contract, the Buyer may terminate this contract by notice to the Seller given on or before settlement. (2) If no notice is given under clause 7.7(1), the Buyer will be treated as having accepted the Property subject to all of the matters referred to in that clause. (3) The Seller authorises the Buyer to inspect records held by any authority, including Security Interests on the PPSR relating to the Property.

Property Adversely Affected. (1) If at the Contract Date: (a) the Present Use is not lawful under the relevant town planning scheme; (b) the Land is affected by a proposal of any competent authority to alter the dimensions of any Transport Infrastructure or locate Transport Infrastructure on the Land; (c) access or any service to the Land passes unlawfully through other land; (d) any competent authority has issued a current notice to treat, or notice of intention to resume, regarding any part of the Land; (e) the Property is affected by the Queensland Xxxxxxxx Xxx 0000 or is included in the World Heritage List; (f) the Property is declared acquisition land under the (g) there is a charge against the Land under s104 of the Foreign Acquisitions and Takeovers Queensland Reconstruction Authority Xxx 0000, ; and that has not been disclosed in this contract, the Buyer may terminate this contract by notice to the Seller given on or no later than 2 Business Days before settlementthe Settlement Date. (2) If no notice is given under clause 7.7(1), the Buyer will be treated as having accepted the Property subject to all of the matters referred to in that clause. (3) The Seller authorises the Buyer to inspect records held by any authority, including Security Interests on the PPSR relating to the Property.