A binding contract fixes the acquisition date
What the document says“property shall not be treated as acquired after the date on which a written binding contract is entered into for such acquisition.”
The section provides that for the purposes of the effective date, property is not treated as acquired after the date a written binding contract for the acquisition was entered into.
What the document actually says“property shall not be treated as acquired after the date on which a written binding contract is entered into for such acquisition.”
Property counts as bought when the contract was signed. It does not count as bought any later than that.
The contract must be written and binding. So a deal signed before the cut-off date misses the change. Delivery later does not help.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.