46.    Size of residential property qualifying for exclusion

 

Where a primary residence and the land on which it is situated is disposed of by a person, the provisions of paragraph 45 apply in respect of so much of that land, including unconsolidated adjacent land, as-

 

(a)     does not exceed two hectares;

 

(b)     is used mainly for domestic or private purposes together with that residence; and

 

(c)     is disposed of at the same time and to the same person as that residence.