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Thanks for your contribution Terry. I love how they write it in such plain english that anybody could easily read and understand that :o Would your interpretation of that act, mainly 32j be similar to Tigerboys above?

Thanks Haas....so you don't think there is any issue with us both signing an off the plan contract of sale as directors of the vendor company and she signing as Purchaser? You can enter a contract with yourself? Well I guess technically a company is a separate legal entity so why not aye...

Not really a tangent I want to go on Ausprop, but... We are currently renting and need to find a PPOR in the near future anyway. Benefits of keeping Unit 1 of our own developement rather than buying something else: 1. Personal input to design floor plan to our liking. 2. Personal contact...

Hi guys, We are currently doing a 3 unit development. We set up a company for the sole purpose of the venture (family/discretionary trust as shareholder) with my wife and I directors. Purchased a house, intended to build 4 and sell all...however Council intervention meant we got...