Document ID: chunk:federal_register_of_legislation:F2025C00071:reg:48
Version: federal_register_of_legislation:F2025C00071
Segment Type: reg
Provision Reference: reg 48
Character Range: 62096–63316

48  Meaning of homeowner
 (1) For the definition of homeowner in subsection 44‑26B(1) of the Act:
 (a) a person who is not a member of a couple is a homeowner if:
 (i) the person has a right or interest in the person's principal home; and
 (ii) the person's right or interest in the person's principal home gives the person reasonable security of tenure in the home; and
 (b) a person who is a member of a couple is a homeowner if:
 (i) the person, or the person's partner, has a right or interest in one residence that is the person's principal home, or the partner's principal home, or the principal home of both of them; and
 (ii) the person's right or interest, or the partner's right or interest, in the home gives the person, or the person's partner, reasonable security of tenure in the home.
Note: Principal home is defined in section 4.
 (2) For subsection (1), the person's principal home can be premises that:
 (a) constitute a retirement village (within the meaning of subsection 12(3) of the Social Security Act); or
 (b) are taken to constitute a retirement village (within the meaning of subsection 12(4) of the Social Security Act).

Division 5—Other supplements

Subdivision A—Accommodation supplement