70MBTR benefits granted in anticipation of compliance

70M BTR benefits granted in anticipation of compliance (1) The Commissioner may authorise the application of a BTR benefit to land or part of land in anticipation of compliance with the fifteen year eligibility requirement. (2) For the purposes of subsection (1), the Commissioner must be satisfied that the owner of the land intends for the land or part of land to be used and occupied solely for a BTR development that satisfies the requirements in section 70B(1) for a continuous period of at least 15 years from the occupancy date for the BTR development on the land or part of land. A BTR development may have more than one occupancy date because of the application of section 70G. S. 70N inserted by No. 52/2021 s. 59.