Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subject to this Act, the Secretary must, on application by a person for an entitlement certificate, issue to the person an entitlement certificate, in the approved form, certifying that the person is an entitled person.
(2) An entitlement certificate remains in force, unless it is sooner cancelled, until:
(a) if a subsidised loan is made to the entitled person by the Bank within 12 months after the day on which the certificate is issued--the first payment of subsidy is made on the loan; or
(b) in any other case--the end of the 12 months period mentioned in paragraph ( a).