Commonwealth Consolidated Regulations

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NATIONAL RENTAL AFFORDABILITY SCHEME REGULATIONS 2020 - REG 48

Changes relating to investors

  (1)   The approved participant for a rental dwelling covered by an allocation must, within 28 days after becoming aware of a person becoming an investor for the dwelling, notify the Secretary of the following details:

  (a)   the person's name and contact details;

  (b)   the day on which the person became an investor.

Note:   There is a similar transitional requirement in subsection   79(1).

  (2)   The approved participant must, within 28 days after becoming aware of any change to details notified under subsection   (1), notify the Secretary of the change.

Note:   No incentive is available for any period during which the approved participant fails to comply with this section (see subsections   13(2) to (4)).



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