Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1147:p2
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1147 (pt 2/2)
Character Range: 2272219–2272685

the value of the person's granny flat interest; and
 (b) the value of a person's granny flat interest is:
 (i) unless subparagraph (ii) applies—the amount paid, or agreed to be paid, for the interest; or
 (ii) if the Secretary considers that, for any special reason in any particular case, that value should be another amount—that other amount.
 (2) An amount that is rent for the purposes of this Act is to be disregarded in applying subsections (1), (1A) and (1B).