(a) means land to the extent to which, together with any other contiguous land owned by the same person, has 20 or more dwellings used, available for use, or being prepared or restored for use, as dwellings occupied under a residential tenancy to which the Residential Tenancies Act 1986 applies or would apply, if —
(i) in the case of a dwelling completely built before 1 July 2023, —
- (A) the landlord or manager for the dwelling has offered any current tenants before 1 July 2023 a fixed term tenancy of no less than 10 years, and always offers prospective tenants such a tenancy; and
- (B) the tenancy allows, without penalty, tenant personalisations for the dwelling; and
- (C) the tenancy provides that a tenant may cancel the tenancy with 56 days notice, without penalty:
(ii) in the case of a dwelling completely built on or after 1 July 2023,—
- (A) the landlord or manager for the dwelling always offers prospective tenants a fixed term tenancy of no less than 10 years; and
- (B) the tenancy allows, without penalty, tenant personalisations for the dwelling; and
- (C) the tenancy provides that a tenant may cancel the tenancy with 56 days notice, without penalty:
(b) does not include land that at any time after it first meets the requirements of paragraph
(c) fails to meet those requirements.
