Document ID: chunk:federal_register_of_legislation:C2011A00107:clause:1_372u
Version: federal_register_of_legislation:C2011A00107
Segment Type: clause
Provision Reference: sch 1 cl 372U
Character Range: 37835–38721

372U  Sale of building units
  For the purposes of this Act, a person sells a building unit if:
 (a) in a case where:
 (i) the building unit is covered by subsection 372S(2), but is not covered by subsection 372S(3); and
 (ii) the person holds a freehold interest in the land on which the building unit is situated;
  the person transfers the whole or a part of the freehold interest; or
 (b) in a case where:
 (i) the building unit is covered by subsection 372S(2), but is not covered by subsection 372S(3); and
 (ii) the person holds a leasehold interest in the land on which the building unit is situated;
  the person transfers the whole or a part of the leasehold interest; or
 (c) in a case where:
 (i) the building unit is covered by subsection 372S(3); and
 (ii) the person holds an interest in the unit;
  the person transfers the whole or a part of the interest in the unit.