Common use of Margin Scheme Clause in Contracts

Margin Scheme. Warning The Seller is warranting that the Margin Scheme can apply. If in doubt about using the Margin Scheme you should seek professional advice. (1) the Purchase Price includes the Seller’s liability for GST on the Supply of the Property. The Buyer is not obliged to pay any additional amount to the Seller on account of GST on the Supply of the Property.

Appears in 2 contracts

Sources: Contract for Commercial Land and Buildings, Contract for Commercial Land and Buildings

Margin Scheme. Warning The Seller is warranting that the Margin Scheme can apply. If in doubt about using the Margin Scheme you should seek professional advice. (1) the Purchase Price includes the Seller’s liability for GST on the Supply of the Property. The Buyer is not obliged to pay any additional amount to the Seller on account of GST on the Supply of the Property.;

Appears in 1 contract

Sources: Contract for Commercial Lots in a Community Titles Scheme