12A
In forceGranny flat definitions
Volume 1Chapter 1, Part 1.1 to Chapter 2, Part 2.10, sections 1-514F
Chapter 1Introductory
Part 1.2Definitions
12A Granny flat definitions
(1)
In this Act, unless the contrary intention appears:
granny flat interest has the meaning given by subsection (2).
granny flat resident has the meaning given by subsection (3).
(2)
A person has a granny flat interest in the person’s principal home if:
(a)
the residence that is the person’s principal home is a private residence; and
(b)
the person has acquired for valuable consideration or has retained:
(i)
a right to accommodation for life in the residence; or
(ii)
a life interest in the residence.
(3)
A person is a granny flat resident if the person has a granny flat interest in the person’s principal home.
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