Savings

SAVINGS PROMOTION (LAND TRANSFER DUTY) TERMS AND CONDITIONS

1. The promoter is Lendlease Development Pty Limited ABN 33 000 311 277 of Level 14, Tower Three, International Towers Sydney, Exchange Place, 300 Barangaroo Avenue, Barangaroo, NSW, Sydney 2000 (the Promoter). Contact number is 03 8610 4800.
2. Only persons aged 18 years of age or older (each a Participant) are eligible for the incentives described in these terms and conditions (the Promotion).
3. The terms and conditions of this Promotion are governed by the laws of the State of Victoria, Australia, and the parties irrevocably and unconditionally submit to the exclusive jurisdiction of the courts of the State of Victoria, Australia.
4. The following person(s) are ineligible to enter the Promotion:

a) employees of

I. the Promoter; and
II. the Promoter’s related bodies corporate (as that expression is defined in the  Corporations Act 2001 (Cth)) and associated agencies, companies and contractors; or

b) members of the Immediate Families of the employees referred to at paragraph 4(a).  Immediate family means any of: a spouse or domestic partner, ex- spouse or ex-domestic partner, de-facto spouse or ex-de-facto spouse, child or step child (whether natural or by  adoption), parent, step parent, grandparent, step grandparent, uncle, aunt, niece, nephew, brother, sister, step brother, step sister or first cousin.

5. The Promotion commences at 9am (Melbourne time) on 1 November 2021 and closes at the earlier of 5pm (Melbourne time) on 24 December 2021 or the sale of all Applicable Lots (Promotion Period). The Promoter may extend the Promotion Period in respect of some or all of the Applicable Lots (as defined below) at its sole discretion (Extended Promotion Period). Details of any Extended Promotion Period will be posted, as applicable, on www.victoriaharbour.com.au/savings (in respect of Applicable Lots at No. 1 Collins Wharf Melbourne, Victoria Harbour). References in these terms and conditions to the Promotion Period include any Extended Promotion Period, where applicable.

6. The Promotion only applies to the residential townhouse lots at No. 1 Collins Wharf  Melbourne, Victoria Harbour, offered by the Promoter for sale which remain unsold (and not subject to a contract of sale) (Applicable Lots).

7. Subject to the Participant’s strict compliance with these terms and conditions, the Promoter will pay:

a) an amount equal to the amount calculated in accordance with paragraph 8 for each Applicable Lot purchased by a Participant during the Promotion Period (Land Transfer Duty Incentive); and
b) a rebate of 10% off the listed price for each Applicable purchased by the Participant during the Promotion Period (Rebate) together, the “Incentive”. The Promoter will provide the Participant with the Incentive by way of an adjustment (reduction) at settlement of the Contract to the purchase price that would otherwise have been payable by the Participant for the Applicable Lot in accordance with the Contract (as defined in paragraph 9(b) below).

8. The Land Transfer Duty Incentive will be the estimated amount of land transfer duty  (previously known as stamp duty) payable on the transfer of the land of the Applicable Lot from the vendor to the Participant and will be:

a) exclusive of any foreign purchaser additional duty (which will not be reimbursed to the Participant as part of the Land Transfer Duty Incentive) and which the Participant who is also a foreign person will be required to pay to the relevant authority in respect of the sale of Applicable Law in addition to any land transfer duty;
b) calculated by an external quantity surveyor and/or other suitably qualified consultant  appointed by the Promoter, with such amount notified in writing to the Participant by the Promoter before contracts for the Applicable Lot are exchanged;
c) calculated based on the purchase price of each Applicable Lot (as stated in the  Contract); and
d) calculated based on the estimated land transfer duty payable in respect of the transfer of each Applicable Lot as at the date of the notice provided under paragraph 8b).

9. For the Participant to be eligible to receive the Land Transfer Duty Incentive, each of the following must be satisfied:

a) the Participant must execute and deliver to the Promoter, during the Promotion Period, by way of an offer to purchase the Applicable Lot, a contract of sale for an Applicable Lot in the vendor’s standard form and on terms and conditions (including terms and conditions as to the amount and method of payment of the Incentive) acceptable to the Promoter in the Promoter’s absolute discretion;
b) the Promoter elects (in the Promoter’s absolute discretion) to accept the  Participant’s offer to purchase the Applicable Lot and signs and exchanges during the Promotion Period the contract referred to at paragraph 9a) (such a contract  so executed and exchanged, a ‘Contract’); and
c) the Participant must effect settlement of the Contract in accordance with its terms by the settlement date prescribed in the Contract.

10. In addition to the criteria in paragraph 9 to be eligible to receive the Land Transfer Duty Incentive, the Participant must give the Promoter a copy the relevant authority’s’ notice of assessment of land transfer duty payable on the Applicable Lot, as and when that assessment is issued.

11. The Participant must pay the land transfer duty to the relevant authority in accordance with the notice of assessment referred to at paragraph 10 within the timeframe it requires. If the Participant does not and:

a) the Promoter has paid the Land Transfer Duty Incentive, the Participant must refund to the Promoter the Land Transfer Duty Incentive within 21 days of the date that the land transfer duty was due to be paid to the relevant authority; and
b) the Promoter has not paid the Land Transfer Duty Incentive, the Promoter is not required to pay the Land Transfer Duty Incentive to the Participant and the Promotion will be deemed to be at an end in respect of that Participant

12. The Promoter reserves the right to withdraw any Applicable Lot from the Promotion during the Promotion Period provided that the Contract in respect of the Applicable Lot has not been executed and exchanged (as contemplated at paragraph 9b)). Applicable Lots which become subject to a Contract during the Promotion Period will be removed from the Promotion, but may be re-listed as Applicable Lots during the Promotion Period at the Promoter’s absolute discretion if the sale does not proceed.

13. The Incentive is personal to the Participant and the Participant may not transfer or otherwise deal with its right to receive the Incentive to any other person

14. The Promoter will not be obliged to pay the Incentive to the Participant if the Participant  does not strictly satisfy all of these terms and conditions including, but not limited to, those conditions at paragraphs 9 and 10. For example, the Participant will not be entitled to receive the Incentive where settlement of the Contract does not occur by the date prescribed in the Contract, or where settlement is extended beyond the settlement date prescribed in the Contract (where such extension is at the request of, or due to the default of, the Participant)

15. This Promotion cannot be used in conjunction with any other promotional offer (including any rebate or discount) being offered by the Promoter or the Promoter’s related bodies corporate (as that expression is defined in the Corporations Act 2001 (Cth)) in respect of No. 1 Collins Wharf Melbourne other than the blinds package incentive that may be available in respect of the Applicable Lots during the Promotion Period.

16. By entering the Promotion and delivering an executed Contract for an Applicable Lot to the Promoter, that Participant is deemed to have accepted these terms and conditions.

17. Failure by the Promoter to enforce any of its rights under these terms and conditions or a Contract does not constitute a waiver of those rights.

18. If an Applicable Lot is purchased by more than one person (whether as tenants in common or joint tenants) then the Promoter will only be liable to provide one Land Transfer Duty Incentive for the one Applicable Lot purchased.

19. There is a limit of one Incentive per Applicable Lot. If a Participant purchases more than one Applicable Lot during the Promotion Period, the Participant will be entitled to an Incentive for each Applicable Lot purchased for which it strictly satisfies these terms and conditions

20. Nothing in these terms and conditions is intended to exclude, restrict or modify rights which the Participant may have under any law (including the Australian Consumer Law) which may not be excluded, restricted or modified by agreement (‘Your Consumer Rights’). Subject to Your Consumer Rights, the Promoter is not liable for any loss or damage  however caused (including by negligence), suffered or incurred in connection with the  Promotion or the Incentive. Any condition or warranty which would be implied by law into these terms and conditions is excluded.

PROMOTION (BLINDS PACKAGE) TERMS & CONDITIONS

a) the Participant must, during the Promotion Period, execute and deliver to the Promoter, way of an offer capable of acceptance by the Promoter, a contract of sale for an Applicable Lot in the vendor’s standard form of contract and on terms and conditions acceptable to the Promoter (including terms and conditions as to the Promotion Reward) in the Promoter’s absolute discretion; and
b) the Promoter, in its absolute discretion, elects to accept the Participant’s offer to purchase the Applicable Lot and signs and exchanges the contract referred to at paragraph 8a) signed by the Participant during the Promotion Period (such a contract so executed and exchanged, a Contract); and
c) the Participant must effect settlement of the Contract in accordance with its terms by the settlement date prescribed in the Contract.

9. The Promoter reserves the right to withdraw any Applicable Lot from the Promotion during the Promotion Period provided that a Participant has not executed contract of sale (as contemplated at paragraph 8b)) in respect of the relevant Applicable Lot. Applicable Lots which become subject to a Contract during the Promotion Period will be removed from the Promotion, but may be re-listed as Applicable Lots during the Promotion Period at the Promoter’s absolute discretion if the sale does not proceed.

10. The Promotion Reward is personal to the Participant and the purchaser may not transfer or otherwise deal with its right to receive the Promotion Reward to any other person

11. The Promoter will not be obliged to pay the Promotion Reward to the Participant if the Participant does not strictly satisfy all of these terms and conditions including, but not limited to, those conditions at paragraph 8. For example, the Participant will not be entitled to receive the Promotion Reward where settlement of the Contract does not occur by the date prescribed in the Contract, or where settlement is extended beyond the settlement date prescribed in the Contract (where such extension is at the request of, or due to the default of, the Participant).

12.This Promotion cannot be used in conjunction with any other promotional offer (including any rebate or discount) being offered by the Promoter or the Promoter’s related bodies corporate (as that expression is defined in the Corporations Act 2001 (Cth)) in respect of 1 Collins Wharf Melbourne, Victoria Harbour other than the land transfer duty incentive and the purchase price rebate that may be available in respect of the Applicable Lots during the Promotion Period.

13. By entering into the Promotion and delivering an executed Contract for an Applicable Lot to the Promoter, that Participant is deemed to have accepted these terms and conditions.

14. Failure by the Promoter to enforce any of its rights under these terms and conditions or a Contract does not constitute a waiver of those rights.

15. If an Applicable Lot is purchased by more than one person (whether as tenants in common or joint tenants) then the Promoter will only be liable to provide one Promotion Reward for the one Applicable Lot purchased.

16. There is a limit of one Promotion Reward per Applicable Lot. If a Participant purchases more than one Applicable Lot during the Promotion Period, the Participant will be entitled to a Promotion Reward for each Applicable Lot purchased for which it strictly satisfies these terms and conditions

17. Nothing in these terms and conditions is intended to exclude, restrict or modify rights which the Participant may have under any law (including the Australian Consumer Law) which may not be excluded, restricted or modified by agreement (‘Your Consumer Rights’). Subject to Your Consumer Rights, the Promoter is not liable for any loss or damage however caused (including by negligence), suffered or incurred in connection with the Promotion or the Promotion Reward. Any condition or warranty which would be implied by law into these terms and conditions is excluded.

18.The Promoter is not liable for any loss or damage in connection with any failure to provide the Promotion Reward or to provide the Promotion Reward in accordance with these terms and conditions where such failure is due to:

a) the act or omission of a third party; or
b) some other cause beyond the Promoter’s control, provided that the Promoter took reasonable precautions and exercised due diligence to avoid the failure.

PRIVACY COLLECTION STATEMENT

Lendlease Development Pty Limited ABN 33 000 311 277 and other companies in Lendlease’s development, apartments and communities’ businesses collect, hold and handle personal information about the individuals who are interested in our products or services or with whom we have dealings. We take steps to ensure that we only collect personal information which is relevant to our dealings with the individuals and which is reasonably necessary for our business activities. We may collect personal information from individuals through our marketing, sales, business development, operational, human resources, research or other activities and we may disclose personal information to external agents, service providers or consultants to assist in the provision of our products and services. We have a general policy to collect personal information directly from you, unless is it unreasonable or impracticable to do so. However, in some cases, personal information may be collected from third parties such as real estate agents, government bodies and other Lendlease Group entities. You may refuse to provide us with your personal information, however, if you do we may be unable to assist or provide you with our products or services or information about them.

We may disclose your personal information to other Lendlease Group entities and our thirdparty service providers and consultants, or other entities that assist us in running campaigns or our business more generally. These entities may be located in other countries such as Australia, the United Kingdom and other countries. Where we transfer your personal information outside of your country, we take steps to ensure that your information is treated securely. You agree that the obligations imposed by privacy laws in other countries may be less stringent than the requirements established by the privacy laws in your country. Further information on how we may collect, store, use and disclose your personal information can be found in our Privacy Policy.

Our Privacy Policy can be found on our website, http://www.lendlease.com/privacy/ or by requesting a hard copy from us. Our Privacy Policy contains information about how you may obtain access to and seek correction of personal information that we hold about you, how to make a complaint about an alleged breach of the Australian Privacy Principles, and how your complaint will be dealt with.

Alternatively, for further information please contact our Privacy Officer on (02) 9236 6111, or to request a copy of our Privacy Policy please mail:
Group General Counsel, Lendlease, Level 14, Tower Three, International Towers Sydney, Exchange Place, 300 Barangaroo Avenue, Barangaroo NSW 2000.