63EDeferral of tax on certain residential land for 6 months

63E Deferral of tax on certain residential land for 6 months (1) If— (a) land would be exempt land in respect of a year under section 63D but for section 63D(3); and (b) the owner satisfies the Commissioner that the land is intended to be continuously used and occupied as the principal place of residence of the person referred to in section 63D(1)(a) or (b) for a period of at least 6 months from the date that the land was first so used and occupied— the Commissioner may determine that land tax in respect of the land for that year is not payable until the expiry of that 6 month period. (2) If land that would be exempt land in respect of a year but for section 63D(3) has been continuously used and occupied as the person's principal place of residence for the period of 6 months, the land becomes exempt land in respect of that year at the end of that period. S. 63F inserted by No. 48/2025 s. 32.