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NATIONAL RENTAL AFFORDABILITY SCHEME REGULATIONS 2020 - NOTES

- made under the National Rental Affordability Scheme Act 2008

made under the

National Rental Affordability Scheme Act 2008

Compilation No. 1

Compilation date: 14 October 2024

Includes amendments: F2024L01299

About this compilation

This compilation

This is a compilation of the National Rental Affordability Scheme Regulations 2020 that shows the text of the law as amended and in force on 14  October 2024 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self-repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

 

 

 

Contents

Part 1--Preliminary

1 Name

3 Authority

5 Definitions

Part 2--Allocations

Division 1--No new allocations

6 No new allocations

Division 2--General conditions

7 General conditions

8 Initial status of dwelling

9 Initial vacancy

10 Other vacancies

11 Eligible tenants

12 Maximum rent

13 Documents and information

14 Compliance with relevant laws

15 Compliance with special conditions

16 If allocation is revoked

17 Conditions of the reservation of existing provisional allocations

Division 3--Varying, removing or imposing special conditions

18 Varying or removing special conditions etc. by agreement

19 Secretary may vary, remove or impose special conditions

Division 4--Transfer or revocation not because of breach

20 Transfer to another rental dwelling

21 Transfer to another person on application by approved participant

22 Transfer of provisional allocation on Secretary's own initiative

23 Revocation on application by approved participant etc.

Division 5--Transfer or revocation because of breach

Subdivision A--Determinations of breaches

24 Individual breach

25 Serious breach

26 Disqualifying breach

27 Approved participants code of conduct

Subdivision B--Procedures for making determinations of breaches

28 Secretary may determine breach on own initiative or on request by an investor

29 Transfer requests

30 Requirements for determinations of breach

31 Publishing notice of certain breaches

Subdivision C--Transfer or revocation because of breach

32 Transfer or revocation because of breach

Division 6--General rules for transfers

33 Legal arrangements do not prevent transfers

34 Obligations of approved participants when allocations are transferred

35 Statement of compliance if allocation is transferred

Part 3--Market value rent

36 Meaning of market value rent

37 Valuations

38 Giving valuations

39 Secretary may extend time for giving valuations

40 Valuations--other matters

Part 4--Eligible tenants

41 Eligible tenants

Part 5--Demonstrating compliance

42 Statement of compliance required for each NRAS year

43 Contents of statement of compliance

44 Tenant consent form

45 Lease agreement

46 Secretary may request other documents and information

47 Changes to approved participant's details

48 Changes relating to investors

49 Record keeping

Part 6--Incentives

Division 1--Entitlement to incentives

50 Entitlement to incentives

51 Amount of incentive and reductions by Secretary

52 Full amount of incentive

53 Incentive amounts when approved participant changes

Division 2--Form and giving of incentives

54 Form of incentive

55 Elections by endorsed charitable institutions

56 Variation of incentive amount

Division 3--Redirecting incentives

57 Application of this Division

58 Incentive for year of transfer

59 Incentive for an earlier year

60 Meaning of redirects

61 Secretary must notify proposed redirection

62 Secretary must take interests of investors into account

Part 7--Obligations to investors

63 Approved participant's obligations to investors

64 Obligation to pass on incentives or State or Territory contributions in a timely manner

65 Incentives or State or Territory contributions not to be withheld or refused if investor fails or refuses to accept other services

66 Incentives or State or Territory contributions not to be withheld or refused if bond not paid

67 Approved participant must give summary of code of conduct to investors

Part 8--Other matters

68 Secretary may approve forms

69 Sharing and use of information

70 Notice of end of allocation

71 Review of decisions by the Administrative Review Tribunal

72 When incentive cannot be redirected

Part 9--Application and transitional provisions

73 Things done under the previous regulations

74 General conditions of allocations existing immediately before 1 April 2020

75 Determination relating to maximum rent

76 Eligible tenants moving rental dwellings

77 References to breaches etc.

78 Redirecting incentives for certain earlier transfers

79 Details of approved participants and investors

Endnotes

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

 

 

Endnotes

Endnote 1--About the endnotes

The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Abbreviation key--Endnote 2

The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history--Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Editorial changes

The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.

If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.

Misdescribed amendments

A misdescribed amendment is an amendment that does not accurately describe how an amendment is to be made. If, despite the misdescription, the amendment can be given effect as intended, then the misdescribed amendment can be incorporated through an editorial change made under section  15V of the Legislation Act 2003.

If a misdescribed amendment cannot be given effect as intended, the amendment is not incorporated and "(md not incorp)" is added to the amendment history.

 

Endnote 2--Abbreviation key

ad = added or inserted

o = order(s)

am = amended

Ord = Ordinance

amdt = amendment

orig = original

c = clause(s)

par = paragraph(s)/subparagraph(s)

C[x] = Compilation No. x

/sub-subparagraph(s)

Ch = Chapter(s)

pres = present

def = definition(s)

prev = previous

Dict = Dictionary

(prev ... ) = previously

disallowed = disallowed by Parliament

Pt = Part(s)

Div = Division(s)

r = regulation(s)/rule(s)

ed = editorial change

reloc = relocated

exp = expires/expired or ceases/ceased to have

renum = renumbered

effect

rep = repealed

F = Federal Register of Legislation

rs = repealed and substituted

gaz = gazette

s = section(s)/subsection(s)

LA = Legislation Act 2003

Sch = Schedule(s)

LIA = Legislative Instruments Act 2003

Sdiv = Subdivision(s)

(md) = misdescribed amendment can be given

SLI = Select Legislative Instrument

effect

SR = Statutory Rules

(md not incorp) = misdescribed amendment

Sub-Ch = Sub-Chapter(s)

cannot be given effect

SubPt = Subpart(s)

mod = modified/modification

underlining = whole or part not

No. = Number(s)

commenced or to be commenced

 

Endnote 3--Legislation history

 

Name

Registration

Commencement

Application, saving and transitional provisions

National Rental Affordability Scheme Regulations 2020

20 Mar 2020 (F2020L00282)

s 75: 1 May 2017 (s 2(1) item 2)
s 78: 1 May 2018 (s 2(1) item 4)
Remainder: 1 Apr 2020 (s 2(1) items 1, 3, 5, 6)

 

Administrative Review Tribunal Legislation Consequential Amendments (2024 Measures No. 1) Regulations 2024

11 Oct 2024 (F2024L01299)

Sch 12 (items 7-24): 14 Oct 2024 (s 2(1) item 1)

--

 

Endnote 4--Amendment history

 

Provision affected

How affected

Part 1

 

s 2.....................

rep LA s 48D

s 4.....................

rep LA s 48C

Part 2

 

Division 2

 

r 12....................

am F2024L01299

r 13....................

am F2024L01299

r 15....................

am F2024L01299

Division 3

 

r 19....................

am F2024L01299

Division 4

 

r 22....................

am F2024L01299

Division 5

 

Subdivision A

 

r 24....................

am F2024L01299

r 25....................

am F2024L01299

r 26....................

am F2024L01299

Subdivision C

 

r 32....................

am F2024L01299

Part 6

 

Division 1

 

r 50....................

am F2024L01299

r 51....................

am F2024L01299

Division 2

 

r 56....................

am F2024L01299

Division 3

 

r 58....................

am F2024L01299

r 59....................

am F2024L01299

Part 8

 

r 71....................

am F2024L01299

Part 9

 

r 78....................

am F2024L01299

Schedule 1................

rep LA s 48C

 

 


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