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Revised Statutes of Newfoundland 1990
AN ACT RESPECTING CERTAIN BUILDING SUPPLIES
1. This Act may be cited as the Building Supplies Act.
1974 No70 s1Back to Top
2. A person who sells land subject to the condition, expressed or implied, that the purchaser is to purchase building materials and supplies for a building being erected or to be erected on the land from a named supplier of the materials and supplies is guilty of an offence and is liable on summary conviction to a fine of not more than $2,000 and, in default of payment of the fine, to imprisonment for a period of not more than 6 months.
1974 No70 s2Back to Top
Contract may be voidable
3. A contract for building materials and supplies entered into contrary to section 2, is voidable at the option of the purchaser of the building materials and supplies, or, where the purchaser elects not to avoid the contract, he or she may, notwithstanding the contract, if the contract price of the materials and supplies is higher than the market price, sue the seller of the materials and supplies in a court for the difference between the contract price and the market price and may recover damages against the seller in the amount of the difference and the cost of an action so taken.
1974 No70 s3
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