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The policy in this manual ceases to be effective from 29 November 2010.
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residential property development

From policy: BK4.45 Definition of 'acceptable investment' (Active Investor Migrant Policy)

BK4.45.25 Residential property development

For the purposes of this policy, residential property development includes:

  1. building, or arranging to build, a household unit for the purpose of selling it; or
  2. acquiring a household unit from a person who built it or arranged for it to be built for the purpose of selling it; or
  3. acquiring and subdividing land for the purposes of residential property development; or
  4. acquiring and/or selling an existing household unit.

Effective 26/11/2007
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