What is a home for div 3

In force

For this division, a person’s home is a residence the person has occupied as the person’s principal place of residence for whichever is the shorter of the following—

(a)

6 months before signing the home refinance mortgage;

(b)

since the borrower has owned the residence.

This Act’s bill:Explanatory memorandum

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277 What is a home for div 3