9Real property

9 Real property

9 Real property

(1) A Member must disclose—

(a) the address of each parcel of real property in which the Member has an interest, and

(b) the nature of the interest in the parcel of real property.

(2) Despite subsection (1)(a), a Member may disclose the following information about a parcel of real property in which the Member has an interest as an alternative to disclosing the address of the parcel if the parcel is used by the Member or a relative of the Member for residential purposes—

(a) a statement that the parcel is, for the Member or relative of the Member—

(i) the principal place of residence, or

(ii) a secondary place of residence,

(b) the location of the parcel by suburb or area.

(3) Despite subsection (1)(a), if a parcel of real property in which a Member has an interest is tenanted real property, the Member may, as an alternative to publicly disclosing the address of the parcel, disclose—

(a) in Part A of an interest disclosure return—

(i) a statement that the parcel is tenanted real property, and

(ii) the location of the parcel by suburb or area, and

(b) in Part B of an interest disclosure return—the address of the parcel.

(4) An interest in a parcel of real property is not required to be disclosed by a Member if—

(a) the Member—

(i) has the interest only in the Member’s capacity as the executor or administrator of the estate of a deceased person, and

(ii) is not a beneficiary under the will or intestacy, or

(b) the Member—

(i) has the interest only in the Member’s capacity as a trustee, and

(ii) acquired the interest in the ordinary course of an occupation of the Member that is not related to the Member’s duties as a Member, or

(c) the interest in the parcel of real property is disclosed under section 10.