The following information shall be used when preparing a by Civet


									The following information shall be used when preparing a contract for
sale of properties listed on the PMW Constructions website which are
located at the Carole Park Development.

Company Name:         P & M Wilkinson Pty Ltd ATF P & M Wilkinson Superannuation Fund
ABN:                  41 388 355 654
ACN:                  388 355 654
Postal Address:       PO Box 505
                      Inala Qld 4077
PH:                   3271 3550
FAX:                  3271 3551

Solicitor:            Comino & Associates
Contact:              Conrad Comino / Helena Brescia
Postal Address:       PO Box 7226
                      East Brisbane Qld 4169
PH:                   3391 7777
FAX:                  3391 8803

Address:              Lot 1 on SP 219952                     Lot 2 on SP 219952
                      Waterford Rd,                          Waterford Rd,
                      Carole Park Qld 4300                   Carole Park Qld 4300

                      Lot 2 on SP 196668                     Lot 3 on SP 196668
                      23 Pauline Ave,                        25 Pauline Ave,
                      Carole Park Qld 4300                   Carole Park Qld 4300

                      Lot 4 on SP 196670                     Lot 5 on SP 196670
                      28 Pauline Ave,                        30 Pauline Ave,
                      Carole Park Qld 4300                   Carole Park Qld 4300

                      Lot 6 on SP 196670
                      21 Kathmaur Ave,
                      Carole Park Qld 4300
County: Stanley       Parish Woogaroo
Land Sold as: Freehold       Area:
Present Use: Residential     Local Government: Brisbane City Council
The following additional information shall be used in the preparation of
               contract documents for the sale of properties:
Please note that there is a GST clause that shall be required to be attached to any contract of Sale.
The clause shall be written as shown:

     Goods and Services Tax
     a)    Apply Margin Scheme
           The Seller may, in its discretion, apply the Margin Scheme to the taxable supply
           made under this contract.
     b)    Payment of GST
           The parties agree that:
           (i)    The purchase price is inclusive of GST but all other payments have been
                  calculated without regard to GST;
           (ii)   If the whole or any part of any payment is the consideration for a taxable
                  supply for which the payee is liable to GST, the payer must pay to the payee
                  an additional amount equal to the GST amount either concurrently with that
                  payment or as otherwise agreed in writing;
           (iii) Any reference to a cost or expense in this Contract excludes any amount in
                 respect of GST forming part of the relevant cost or expense when incurred
                 by the relevant party for which that party can claim an input tax credit;
           (iv) The payer will pay to the payee on demand any interest, penalties, fines or
                other charges to the extent that they arise from the payer’s failure to make a
                payment when due under this Contract; and
           (v)    This clause will not merge on completion.
     c)    Definitions and Interpretation
           For the purpose of this clause:
           (i)    Capitalised expressions which are not defined in this clause but which have
                  a defined meaning in the GST Law have the same meaning in this Contract;
           (ii)   In this Contract:
                  GST means the goods and services tax as imposed by the GST Law;
                  GST Amount any payment (or the relevant part of that payment) multiplied
                  by the appropriate rate of GST (current 10%)
                  GST Law has the meaning given to that term in A New Tax System (Goods
                  and Services Tax) Act 1999, of, if that Act does not exist for any reason,
                  means any Act imposing or relating to the imposition or administration of a
                  goods and services tax in Australia and any regulation made under that Act;
                  Payment means any amount payable under or in connection with this
                  Contract (other than purchase price) including any amount payable by way
                  of indemnity, reimbursement or otherwise and includes the provisions of
                  any non-monetary consideration.

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