The Form 2 System generates and delivers the detailed statutory form necessary to be served at the time of Sale of Business in South Australia.

What is a Form 2?
The Form 2 is a statutory form required to be served when a business (less than $200,000) is sold. The form must be certified by an accountant and delivered to the purchaser. Arising from the Land and Business (Sale and Conveyancing) Act 1994, the Form 2 must be properly prepared and served to comply with strict style and formating guidelines.

The Form 2 System is comprised of the following sections:

	Section	Form(s)
	+ Section 1	Part A -The properties and the business
		Part B - Cooling off rights & proceeding with the purchase
		Part C - Statement with respect to required particulars
		Part E - Certificate re Prescribed inquiries by registered agent
	+ Section 2	Part D - Certificate of qualified accountant Re trading statement
	+ Section 3	Schedule 1 - Div 1 - Trading statement (& other financial information)
	+ Section 4	Schedule 1 - Div 2 - Other information about the business
	+ Section 5	Schedule 2 - Div 1 - Mortgages, charges and encumbrances
	+ Section 6	Schedule 2 - Div 2 - Other particulars Re the land