63BMeaning of *temporary residence land*

63B Meaning of *temporary residence land* (1) For the purposes of this Division, land is ***temporary residence land*** if— (a) there is a temporary residence on the land; and (b) there is no building affixed to the land for which an occupancy permit is required, including a building that is being constructed or renovated; and (c) the land is not used by any person to carry on a substantial business activity; and (d) the land is in a zone other than a non‑residential zone; and (e) the taxable value of the land is less than $300 000; and (f) the owner of the land does not own any other land in Victoria. (2) In determining whether land is used by a person to carry on a substantial business activity, account must be taken of the matters specified in section 62(2). S. 63C inserted by No. 48/2025 s. 32.