Part 1: Leasehold houses Section 9: Permitted leases: marketing restrictions
Section 9 requires developers or vendors engaged in advertising and selling of new leases of houses to comply with new marketing requirements. A developer or vendor has to include in any marketing material that the property was a new leasehold house, and the grounds on which it would be a ‘permitted lease’.
	Subsection (1) clarifies that this Section applies in relation to the marketing of house, where the house is to be comprised in a new lease and the lease will be a long residential lease of the house.
	Subsection (2) details that where a house is being marketed as leasehold, a person (a "promoter") may not make any material marketing available unless the permitted lease information is included in or provided with that material.
	Subsection (3) details that the "permitted lease information" means (a) a statement identifying the category or categories in Part 1 of Schedule 1 into which the lease falls and a copy of the permitted lease certificate issued by the relevant tribunal, or (b) a statement identifying the category or categories in Part 2 of Schedule 1 into which the lease falls, to the best of the knowledge and belief of the promoter at the time the material is made available.
	Not all new leases of houses are required to comply with this new stipulation, because not all new leases of houses are be marketed as such. For example, where a buyer is using a home purchase plan to secure finance on the house, the house will likely be advertised as freehold, but the financing of the purchase will lead to the connected creation of a lease.
	Subsection (4) defines marketing relating to a house as any form of material used in advertising or promoting the house.