63Meaning of associated land

63 Meaning of associated land

In this Part –

associated land, in relation to a housing provider, means any land that –

(a) is not sold or transferred by Homes Tasmania to the provider; and

(b) is, by the terms and conditions of a contract, or arrangement under section 75 , under which other land is sold or transferred to the provider by Homes Tasmania under this Part, required to be –

(i) leased to, or for the provision of residential accommodation to, eligible persons; or

(ii) sold to an eligible person; or

(iii) used for the construction, alteration, enlargement, repair or improvement, of residential premises that are, or are to be, situated on the land, so that the residential premises may be leased or sold to, or used for the provision of residential accommodation to, eligible persons.