Northern Territory Consolidated Acts Northern Territory Consolidated Acts88. Interpretation
(1) In this Division:
Australian citizen , see the First Home Owner Grant Act .
built - a home is taken to have been built on land if it is relocated, and affixed, to the land.
first home owner concession means a concession from the payment of duty on a conveyance of land equal to the lesser of:
(a) the total amount of duty assessed as payable on the conveyance; or
(b) the duty payable on a conveyance of land with a dutiable value of $385 000.
home , see the First Home Owner Grant Act .
period for occupancy of a home means:
(a) if, as at the relevant time, the home has been built on the land - 12 months from the relevant time or a longer period approved by the Commissioner under this Division; or
(b) if, as at the relevant time, no home had been built on the land:
(i) 3 years from the relevant time or 12 months from completion of the building of the home (whichever expires first); or
(ii) a longer period approved by the Commissioner under this Division.
permanent resident , see the First Home Owner Grant Act .
prescribed period means:
(a) a continuous period of 6 months; or
(b) a shorter continuous period approved by the Commissioner under this Division.
principal place of residence rebate means a concession from the payment of duty on a conveyance of land equal to the lesser of:
(a) the total amount of duty assessed as payable on the conveyance; or
(b) $2 500.
relevant interest means:
(a) an interest (other than a non-conforming interest) that is a relevant interest under section 5 of the First Home Owner Grant Act ; or
(b) an interest in residential property in a State or another Territory of the Commonwealth that is a relevant interest (but not a non-conforming interest) under a law of that State or Territory corresponding to the First Home Owner Grant Act .
relevant time means the time when the instruments effecting or evidencing a conveyance of land are executed.
residential property , see the First Home Owner Grant Act .
(2) If the Commissioner is satisfied that, at the relevant time, a person:
(a) is married but not cohabiting with the spouse to whom the person is married (the married spouse ); and
(b) has no intention of resuming cohabitation;
the married spouse is not to be regarded for the purposes of the application as the person's spouse.