Form 2 System
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.
This form needs to be completed by accountants and applies to business sales under $300,000.
The Form 2 System is now an online service. Logon from here and register for free full access trial. Licence when you need it.
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.