New South Wales Consolidated Acts New South Wales Consolidated ActsIn this Division:
"first home owner" has the meaning given by section 71.
"guardian" of a person under a legal disability includes a trustee who holds
property on trust for the person under an instrument of trust or by order or
direction of a court or tribunal.
"home" means a building (affixed to land) that:
(a) may lawfully be used as a place of residence, and
(b) is, in the Chief Commissioner’s opinion, a suitable building for use as a place of residence."new home" means a home that has not been previously occupied or sold as a place of residence, and includes a substantially renovated home.
(a) land on which there is a building that is lawfully occupied as a place of residence or suitable for occupation as a place of residence, or
(b) a company title dwelling."shared equity concession" has the meaning given by section 78B.
(a) is new residential premises within the meaning of section 40-75 (1) (b) of the A New Tax System (Goods and Services Tax) Act 1999 of the Commonwealth, and
(b) as renovated, has not been previously occupied or sold as a place of residence.