Document ID: chunk:federal_register_of_legislation:C2025C00162:section:10a:p7
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 10A (pt 7/8)
Character Range: 189519–191935

construction of, a dwelling or a building containing a dwelling on the land; or
 (iii) to enable the person to construct, or complete the construction of, a dwelling or a building containing a dwelling on land in which the person held a prescribed interest; or
 (iv) to enable the person to acquire a prescribed interest in land on which there was a dwelling or a building containing a dwelling; or
 (v) to enable the person to acquire a prescribed interest in a stratum unit in relation to a dwelling; or
 (vi) to enable the person to extend a building that:
 (A) is a dwelling or contains a dwelling; and
 (B) is constructed on land in which the person held a prescribed interest;
  by adding a room or part of a room to the building or the part of the building containing the dwelling, as the case may be; or
 (vii) in a case where the person held a prescribed interest in a stratum unit in relation to a dwelling—to enable the person to extend the dwelling by adding a room or part of a room to the dwelling; or
 (viii) to enable the person to repay a loan that was made to, and used by, the person wholly for a purpose mentioned in subparagraphs (i) to (vii); and
 (b) at the time the loan was made, the dwelling was used or proposed to be used as the person's usual place of residence.
Note: For prescribed interest see subsections (10) to (14).

Freehold interest
 (10) If:
 (a) a person; or
 (b) 2 or more persons as joint tenants or tenants in common;
acquire, hold or held an estate in fee simple in land or in a stratum unit, the person or those persons are taken to acquire or hold, or to have held, a prescribed interest in that land or stratum unit.

Leasehold interest
 (11) If:
 (a) a person acquires, holds or held an interest in land or in a stratum unit as lessee or licensee under a lease or licence; and
 (b) the Secretary is satisfied that the lease or licence gives or gave reasonable security of tenure to the lessee or licensee, for a period of, or for periods aggregating, 10 years or more;
the person is taken to acquire or hold, or to have held, a prescribed interest in that land or stratum unit.

Instalment contract
 (12) If:
 (a) a person acquires, holds or held interest in land or in a stratum unit as purchaser of an estate in fee simple in the land or in the stratum unit under an agreement; and
 (b) the agreement provides or provided for payment of the purchase price, or a part