Victorian Current Acts

SALE OF LAND ACT 1962 - SECT 14B

    (1)     If any difference or dispute arises between the vendor and the purchaser with respect to—

S. 14B(1)(a) amended by No. 48/1991 s. 56(2)(a).

        (a)     the non-compliance by either party with any of the requirements of sections 9AA to 9AH; or

S. 14B(1)(b) amended by No. 48/1991 s. 56(2)(b).

        (b)     a purported rescission by the purchaser of the contract of sale pursuant to section 9AC, 9AE or 9AH—

either party may refer the difference or dispute to an arbitrator for determination.

    (2)     Without affecting the generality of section 21, the arbitrator may make an order under this section requiring the vendor to pay compensation to the purchaser in respect of any loss suffered by the purchaser arising out of the contract.