13ASpecial eligible transactions

13A Special eligible transactions

S. 13A(1) substituted by No. 37/2009 s. 12.

(1) An eligible transaction is also a special eligible transaction if it is—

(a) a contract for the purchase of a home in the State (other than a contract for an off-the-plan purchase of a new home) entered into—

(i) on or after 14 October 2008 and on or before 30 September 2009; or

(ii) on or after 1 October 2009 and on or before 31 December 2009;

(b) a contract for the purchase of a new residential premises in the State entered into—

(i) on or after 14 October 2008 and on or before 30 September 2009; or

(ii) on or after 1 October 2009 and on or before 31 December 2009;

(c) a comprehensive home building contract for a home in the State entered into—

(i) on or after 14 October 2008 and on or before 30 September 2009 and in respect of which—

(A) the construction work commences within 26 weeks from the date that the contract is entered into or a longer period that the Commissioner considers appropriate in the circumstances of the case; and

(B) the building work is completed within 18 months of the date of commencement of construction work or a longer period that the Commissioner considers appropriate in the circumstances of the case; or

(ii) on or after 1 October 2009 and on or before 31 December 2009 and in respect of which—

(A) the construction work commences within 26 weeks from the date that the contract is entered into or a longer period that the Commissioner considers appropriate in the circumstances of the case; and

(B) the building work is completed within 18 months of the date of commencement of construction work or a longer period that the Commissioner considers appropriate in the circumstances of the case; or

(d) for the building of a home in the State by an owner builder and the building work—

(i) is commenced on or after 14 October 2008 and on or before 30 September 2009; and

(ii) is completed within 18 months of the commencement of the eligible transaction or a longer period that the Commissioner considers appropriate in the circumstances of the case; or

(e) for the building of a home in the State by an owner builder and the building work—

(i) is commenced on or after 1 October 2009 and on or before 31 December 2009; and

(ii) is completed within 18 months of the commencement of the eligible transaction or a longer period that the Commissioner considers appropriate in the circumstances of the case; or

(f) a contract for an off-the-plan purchase of a home in the State and—