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SCHEDULE 1<br />

Conditions of tender<br />

1 Definitions<br />

Business Day means a day that is not a Saturday, a Sunday, or a public holiday.<br />

Contract means the draft contract for sale and purchase of land forming schedule 3 of this RFT.<br />

Closing Time means the closing time and date for submission of Tenders pursuant to clause 2 of<br />

the Conditions.<br />

Conditions means the conditions in this schedule 1.<br />

GST means any tax imposed under any GST Law and includes GST within the meaning of the<br />

GST Act.<br />

GST Act means the A New Tax System (Goods and Services Tax) Act 1999 (Cth) as amended.<br />

GST Law means the GST law as defined in the GST Act and includes any Act of the Parliament of<br />

Australia that imposes or deals with GST.<br />

Person includes a natural person, a corporation, a partnership, a board, a joint venture, an<br />

incorporated association, a government, a local government authority and an agency.<br />

Property means 245 Rocky Point Road, Ramsgate, NSW, 2217 (title reference 153/805793) and<br />

247 Rocky Point Road, Ramsgate, NSW, 2217 (title reference 154/805793).<br />

RFT means this document inviting Tenderers to offer to deliver the Tenderee’s Requirements by<br />

submitting a Tender as provided in this document;<br />

Tender means the documents constituting an offer by the Tenderer to deliver the Tenderee’s<br />

Requirements.<br />

Tender Process means the tendering process outlined in this RFT.<br />

Tender Title means the Tender Title shown on the cover page of this RFT.<br />

Tenderer means a Person who offers to deliver the Tenderee’s Requirements.<br />

Tenderee means Tower & London Pty Ltd.<br />

2 Tender closing time<br />

Tenders must be lodged no later than 3pm AEST on Thursday, 11 April 2019 (Closing Time).<br />

3 Lodgement requirements<br />

(a)<br />

The original Tender (marked “Original”), must be placed in an envelope clearly marked with<br />

the Tender Title, Closing Time and Tenderer’s name, and lodged prior to Closing Time by<br />

hand-delivering within ordinary business hours or posting it by registered post to Tower &<br />

London at Ground Floor, 138 Walker Street, North Sydney, NSW, 2060 so that it is received<br />

by the Tendereebefore the Closing Time.<br />

(b)<br />

A Tender may be lodged by email address john@towerlondon.com, with a condition that it<br />

will be considered only if an identical Tender, complying with this RFT, is dispatched on the<br />

2

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