They must give the parties a reasonable opportunity to obtain such consultation. The Goods and Services Tax (GST) is a standard 15% tax on most goods, services and other items sold or consumed. These include the sale of businesses and, in some cases, residential land. The buyer will want to prevent the seller from creating a new competitive activity affecting the value of the business for sale. The sales contract therefore contains restrictive agreements that prevent the seller (for a fixed period and in certain geographical regions) from recruiting existing customers, suppliers or employees and, in general, from competing with the company for sale. These restrictive agreements must be reasonable in terms of geography, scope and duration. Otherwise, they may infringe competition law. .