(1) For the purposes of item 2.1.11 of the table in subsection 30 - 25(1), a rural school hostel building is one to which this section applies if it meets the conditions in subsections (2), (3) and (4).
(2) The rural school hostel building must be used, or going to be used, principally as residential accommodation for students:
(a) whose usual place of residence is in a rural area; and
(b) who are undertaking primary or secondary education, or special education programs for children with disabilities, at a school in the same area as the building.
(3) The costs of the school must be solely or partly funded by the Commonwealth, a State or a Territory.
(4) The residential accommodation must be provided by:
(a) the Commonwealth, a State or a Territory; or
(b) a public authority; or
(c) a company that:
(i) is not carried on for the purposes of profit or gain to its individual members; and
(ii) is prohibited by its * constitution from making any distribution of money or property to its members.