Commonwealth Consolidated Regulations

NATIONAL RENTAL AFFORDABILITY SCHEME REGULATIONS 2020 - REG 57

    This Division applies if:

  (a)   an allocation for a rental dwelling is transferred under Division   5 of Part   2 (about transfers because of breach) during an NRAS year; and

  (b)   the original approved participant has, or had, obligations to pass on an incentive for the dwelling for an NRAS year to an investor.

Note:   This Division relates to:

(a)   the portion of the incentive that relates to the part of the NRAS year that is before the day the transfer takes effect; or

(b)   an earlier NRAS year.