Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p19
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 19/29)
Character Range: 2245060–2247574

a unit of accommodation that is a caravan, houseboat or other mobile home; and
 (c) any land immediately under the unit of accommodation.
 (2) However, except as provided in section 118‑120, a dwelling does not include any land adjacent to a building.

118‑120  Extension to adjacent land etc.

Adjacent land
 (1) This Subdivision applies to a *dwelling's *adjacent land (if the same *CGT event happens to that land or your *ownership interest in it) as if it were a dwelling.
 (2) Land adjacent to a *dwelling is its adjacent land to the extent that the land was used primarily for private or domestic purposes in association with the dwelling.
 (3) The maximum area of *adjacent land covered by the exemption for the *CGT event (the current event) is 2 hectares, less the area of the land immediately under the *dwelling.
 (4) However, if subsection 118‑245(2) applied to you for an earlier *CGT event that happened in relation to:
 (a) other land that was part of the *dwelling's *adjacent land at the time of the earlier CGT event; or
 (b) your *ownership interest in that other land at that time;
the maximum area of land covered by the exemption for the current event is the *maximum exempt area for the current event and the dwelling.

Adjacent structures
 (5) This Subdivision applies to an *adjacent structure of a flat or home unit (if the same *CGT event happens to that structure or your *ownership interest in it) as if it were a *dwelling.
 (6) A garage, storeroom or other structure associated with a flat or home unit is an adjacent structure of the flat or home unit to the extent that the structure was used primarily for private or domestic purposes in association with the flat or home unit.

118‑125  Meaning of ownership period
  Your ownership period of a *dwelling is the period on or after 20 September 1985 when you had an *ownership interest in:
 (a) the dwelling; or
 (b) land (*acquired on or after 20 September 1985) on which the dwelling is later built.

118‑130  Meaning of ownership interest in land or a dwelling
 (1) You have an ownership interest in land or a *dwelling if:
 (a) for land—you have a legal or equitable interest in it or a right to occupy it; or
 (b) for a dwelling that is not a flat or home unit—you have a legal or equitable interest in the land on which it is erected, or a licence or right to occupy it; or
 (c) for a flat or home unit—you have:
 (i) a legal or equitable interest in a *stratum unit in it; or
 (ii) a licence or right to occupy it; or
 (iii)