Commonwealth Consolidated Acts

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DEFENCE FORCE (HOME LOANS ASSISTANCE) ACT 1990 - SECT 14

Application for approval in relation to loan increase

  (1)   A subsidised borrower who:

  (a)   has obtained an advanced amount of less than $80,000; and

  (b)   wishes to increase that amount;

may apply to the Secretary for approval of the payment of subsidy in respect of the increase.

  (2)   An application must be in the approved form.

  (3)   An application by a person who has resigned, retired or been discharged from the Defence Force (other than a rejoining member) must be made within 2 years after the day on which the resignation, retirement or discharge took effect.

  (3A)   Subsection   ( 3) does not apply to a person who has been an operational service member under subsection   3A(1).

  (4)   An application by a person who is not an eligible person but who is the surviving spouse or   de   facto   partner of a deceased eligible person must be made within 2 years after:

  (a)   if the eligible person was not a member--his or her resignation, retirement or discharge from the Defence Force took effect; or

  (b)   in any other case--the death of the eligible person.

  (5)   Subsection   ( 4) does not apply if the deceased eligible person was, or had been, an operational service member under subsection   3A(1).


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