Document ID: chunk:federal_register_of_legislation:C2024C00866:section:52m:p2
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 52M (pt 2/2)
Character Range: 777122–777658

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 Commission 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 or a residential care charge for the purposes of this Act is to be disregarded in applying subsections (1), (1A) and (1B).
Note: For residential care charge, see subsection 5N(1).