Part 4Employment income: exemptions

Chapter 7Exemptions: removal benefits and expenses

Benefits and expenses within this Chapter

278Abortive acquisition benefits and expenses

Benefits or expenses are within this section if—

a

they are benefits provided or expenses incurred with a view to the acquisition of an interest in a residence,

b

the interest is not acquired—

i

because of circumstances outside the control of the person seeking to acquire it, or

ii

because that person reasonably declines to proceed, and

c

the benefits or expenses would have fallen within section 277 if the interest had been acquired.