Victorian Current Acts

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SALE OF LAND ACT 1962 - SECT 29WC

Prohibition on rent-to-buy arrangements

A person must not knowingly sell any residential land under a rent-to-buy arrangement.

Penalty:     For a natural person, 240 penalty units or imprisonment for 2 years or both;

    For a body corporate, 1200 penalty units.

S. 29WD inserted by No. 14/2019 s. 22.



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