sec.58QEligible tenant

sec.58Q Eligible tenant

A person is an eligible tenant if, when the person enters into a residential tenancy agreement for a dwelling in a build to rent development, the owner of the land on which the development is located believes— each member of the person’s household is an Australian citizen or permanent resident; and the dwelling will be occupied by each member of the person’s household as their principal place of residence throughout the term of the residential tenancy agreement; and the limits prescribed by regulation, for all members of the person’s household and any non-resident spouse of the person, in relation to the following are not exceeded— the combined total value, worked out in a stated way and at a stated time, of stated assets of the persons; the total income of the persons, worked out in a stated way for a stated period. In this section— household , in relation to the person who enters into a residential tenancy agreement for the dwelling, means— the person; or anyone who will ordinarily reside in the dwelling, other than a dependant child of the person. non-resident spouse , of the person who enters into a residential tenancy agreement for the dwelling, means a spouse of the person who will not ordinarily reside in the dwelling, except if the person and the spouse live apart and do not intend to live together as a couple. s 58Q ins 2023 No. 18 s 12 (sec.58Q-ssec.1) A person is an eligible tenant if, when the person enters into a residential tenancy agreement for a dwelling in a build to rent development, the owner of the land on which the development is located believes— each member of the person’s household is an Australian citizen or permanent resident; and the dwelling will be occupied by each member of the person’s household as their principal place of residence throughout the term of the residential tenancy agreement; and the limits prescribed by regulation, for all members of the person’s household and any non-resident spouse of the person, in relation to the following are not exceeded— the combined total value, worked out in a stated way and at a stated time, of stated assets of the persons; the total income of the persons, worked out in a stated way for a stated period. (sec.58Q-ssec.2) In this section— household , in relation to the person who enters into a residential tenancy agreement for the dwelling, means— the person; or anyone who will ordinarily reside in the dwelling, other than a dependant child of the person. non-resident spouse , of the person who enters into a residential tenancy agreement for the dwelling, means a spouse of the person who will not ordinarily reside in the dwelling, except if the person and the spouse live apart and do not intend to live together as a couple.

• (a) each member of the person’s household is an Australian citizen or permanent resident; and
• (b) the dwelling will be occupied by each member of the person’s household as their principal place of residence throughout the term of the residential tenancy agreement; and