43AResidence requirement for section 43 exemption

43A Residence requirement for section 43 exemption (1) The exemption under section 43 is subject to the requirement that a person who received the exemption occupies the land as the person's principal place of residence for a continuous period of at least 12 months commencing within the 12 month period immediately after the transfer. (2) The requirement under subsection (1) is complied with if the land is occupied for the period referred to in that subsection as the principal place of residence of at least one of the persons referred to in section 43(1) (whether separately or together and whether or not the same person occupies the land for the whole period). S. 43B inserted by No. 28/2017 s. 41.