If the purchaser does not comply with
this contract (or a notice under or relating to it) in an essential
respect, the vendor can terminate by serving a notice. After the
termination the vendor can -
9.1 keep or recover the deposit (to a
maximum of 10% of the price);
9.2 hold any other money paid by the
purchaser under this contract as security for anything recoverable
under this clause -
9.2.1 for 12 months after the
termination; or
9.2.2 if the vendor commences
proceedings under this clause within 12 months until those
proceedings are concluded; and
9.3 sue the purchaser either -
9.3.1 where the vendor has resold the
property under a contract made within 12 months after the
termination, to recover -
the deficiency on
resale (with credit
for any of the deposit kept or recovered and after allowance for any
capital gains tax or goods and services tax payable on anything
recovered under this clause); and
the reasonable costs
and expenses
arising out of the purchaser's non-compliance with this contract or
the notice and of resale and of any attempted resale; or