Satisfactory Present Use:
This contract is subject to and conditional on the Buyer being satisfied, that the planning scheme area in which the Property is located allows for the Present Use, prior to settlement. In the event that the Buyer is not satisfied in their absolute discretion with the planning scheme area, then the Buyer may terminate this contract by notice to the Seller and this contract shall be at an end and all deposit monies shall be refunded in full to the Buyer.
The Seller hereby acknowledges that this special condition is for the benefit of the Buyer only and may only be waived or exercised by the Buyer