Commonwealth Numbered Acts

FIRST HOME OWNERS AMENDMENT ACT 1985No. 23, 1985 - SECT 4

4. Section 9 of the Principal Act is amended-

   (a)  by omitting from paragraph (2) (b) "2 or more buildings" and
        substituting "2 or more dwellings separately";

   (b)  by adding at the end of sub-paragraph (2) (b) (ii) ", where the
        Secretary is satisfied, having regard to such matters as the Secretary
        considers relevant, that the value of the holder's interest in the
        shares is not less than the value of the holder's interest in the
        dwelling";

   (c)  by omitting from sub-paragraph (2) (b) (iii) ", where the owner of
        that share is, or is to be, entitled to a right of occupancy in
        respect of the dwelling"; and

   (d)  by omitting sub-sections (3), (4) and (5).