CB 18 Residential exclusion from section CB 14


Section CB 14 does not apply if—


the person acquired the land and used it or intended to use it for residential purposes; and


they disposed of the land to another person who acquired it for residential purposes.

Purpose of acquisition for purposes of subsection (1)(b)


For the purposes of subsection (1)(b), the purpose of the acquisition by the other person is ascertained from the circumstances of the disposal and other relevant matters.

Meaning of residential purposes


In this section, residential purposes


means a purpose that the person has of using the land or intending to use the land mainly as a residence for themselves and members of their family living with them; and


includes the purpose of erecting a dwellinghouse on the land to be occupied as such a residence.

Defined in this Act: dispose, land, residential purposes

Compare: 2004 No 35 s CB 16