Commonwealth Consolidated Acts

TELECOMMUNICATIONS ACT 1997 - SECT 372U

    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.