This does not include the price paid for:
- Any land sold with the business; and
- Any stock-in-trade the value of which is determined according to the usual selling price of the stock.
The Statement is the Form 2 Vendor's Statement prescribed in the Land and Business (Sale and Conveyancing) Regulations 2010.
The information disclosed in the Vendor's Statement includes
- the purchaser's cooling off rights,
- The trading statement for the last three financial years
- If land is being purchased with the business, information about the land being purchased;
- If land is not being purchased, information about the lease/tenancy agreement relating to the business premises;
- How the business operates (eg, company or sole trader);
- Information on plant, equipment and stock related to the business; and
- Current staffing requirements
Even if land is not being sold with the business the statement must also include Particulars related to Environment Protection and Particulars related to the Livestock Act 1997. These are listed under the things which must be disclosed for the sale of land.
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Information on accessibility for the Office of Consumer and Business Affairs website can be viewed at: http://www.ocba.sa.gov.au/accessibility.html
Information on copyright for the Office of Consumer and Business Affairs website is provided on behalf of South Australia Central http://www.sacentral.sa.gov.au/site/page.cfm?u=60
Disclaimer
Information on the disclaimer for the Office of Consumer and Business Affairs website is provided on behalf of South Australia Central http://www.sacentral.sa.gov.au/site/page.cfm?u=61
Privacy
The South Australian Office of Consumer and Business Affairs (OCBA) is committed to protecting your privacy and the confidentiality of your personal information, consistent with the South Australian Government's Information Privacy Principles. If you would like to view the full privacy statement please visit: http://www.ocba.sa.gov.au/privacy.html
Webmaster
If you wish to provide feedback on the Office of Consumer and Business Affairs website please contact the Webmaster via email mailto:webmaster@agd.sa.gov.au
Accessibility
Information on accessibility for the Office of Consumer and Business Affairs website can be viewed at: http://www.ocba.sa.gov.au/accessibility.html
