Document ID: chunk:federal_register_of_legislation:C2008A00146:clause:2_2
Version: federal_register_of_legislation:C2008A00146
Segment Type: clause
Provision Reference: sch 2 cl 2
Character Range: 7035–7666

2  Subsections 1020B(4), (5) and (6)
Repeal the subsections, substitute:

 (4) Subsection (2) does not apply in relation to a sale of section 1020B products by a person who, before the time of sale, has entered into a contract to buy those products and who has a right to have those products vested in the person that is conditional only upon all or any of the following:
 (a) payment of the consideration in respect of the purchase;
 (b) the receipt by the person of a proper instrument of transfer in respect of the products;
 (c) the receipt by the person of the documents that are, or are documents of title to, the products.