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Legislative Assembly for the ACT: 2000 Week 5 Hansard (11 May) . . Page.. 1539 ..
Motion (by Mr Moore ) agreed to:
That the question be now put.
Question put:
That the motion (Mr Berry's ) be agreed to.
The Assembly voted-
Ayes, 8 Noes, 9 Mr Berry Ms Carnell Mr Corbell Mr Cornwell Mr Hargreaves Mr Hird Mr Kaine Mr Humphries Mr Quinlan Mr Moore Mr Stanhope Mr Osborne Ms Tucker Mr Rugendyke Mr Wood Mr Smyth Mr Stefaniak
Question so resolved in the negative.
Motion (by Mr Moore ) proposed:
That the Assembly do now adjourn.
MR WOOD (6.39): I wish to continue the debate about gazumping, but briefly. After question time, the minister for housing quoted the definition of gazumping as, to quote from the page he gave me, "to raise the price of a property after having accepted an offer". That is a reasonable definition. Of course, being a dictionary definition, it is quite brief. The minister said that there was no acceptance, but he was wrong. There was an acceptance by the agent on behalf of the vendor. That is what agents are for. The $1,000 payment was part of that acceptance. It is, however, a non-binding agreement. If the vendor-that is, ACT Housing-chooses to accept the later offer, that is gazumping.
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