(1) In section 46K(1) of the Land Tax Act 2005 , after "becoming trustee" insert "of the land".
(2) After section 46K(5A) of the Land Tax Act 2005 insert —
"(5B) If a nomination lodged under section 46H is in force and the nominated PPR beneficiary for the land ceases to use and occupy the land as his or her principal place of residence, the trustee of the land must lodge a written notice with the Commissioner within one month of that beneficiary ceasing to use or occupy the land as his or her principal place of residence.".