Reply To: Reg 9(1)h – possibly exempt under 9(1)h (a)

#162433
nick dearnley
Participant

As it was a friend that bought the property I doubt that there will be any of the regulatory stuff in place.  In any case, the main issues for an HB decision are still whether they are caught by 9(1)(h ) or by capital if they can't show where the proceeds went.