Forty submitters commented in relation to the changes to the pre-disclosure regime, and they all recommended retaining pre-settlement disclosure. Many noted that the time between pre-contract disclosure and final settlement can be a year or more. Pre-settlement disclosure requires a seller to provide updated information, which protects buyers' interests and strengthens the overall disclosure regime. Other submitters commented that pre-settlement disclosures protect the body corporate's interests too. Sellers currently need to request information from the body corporate to meet their pre-disclosure settlement obligations, but if the seller owed outstanding levies to the body corporate, it could withhold this information until the levies were paid. We agreed with submitters that pre-settlement disclosure is an important part of the Act, so the select committee has proposed retaining the disclosure requirements. The information sellers must provide would remain the same as under the Act at present—as set out in proposed regulation 33, set out in clause 37. That would include issues in relation to weather tightness, earthquake-prone issues, and any other significant defects in the land that may require remediation.