Part 11Information about interests and dealings in land

I1223Requirements may include transactional information

1

The information that may (if it falls within the scope of a permitted purpose) be required to be provided under section 219 includes transactional information about instruments, contracts or other arrangements—

a

creating, altering, extinguishing, evidencing, or transferring relevant interests in land, or

b

conferring, amending, assigning, terminating or otherwise modifying relevant rights concerning land.

2

Transactional information” means—

a

details of the parties to a transaction;

b

details of persons on whose behalf or for whose benefit the parties to a transaction are or were acting;

c

details of the terms of a transaction;

d

details of persons providing professional services in relation to a transaction;

e

details of the source of any money paid or other consideration given in connection with a transaction;

f

copies of documents giving effect to or evidencing a transaction.

3

“Transaction”, in subsection (2), means an instrument, contract or other arrangement within subsection (1).