Commonwealth Numbered Acts

FIRST HOME SAVER ACCOUNTS ACT 2008 (NO. 44, 2008) - SECT 10

             (1)  An entity provides an FHSA if:

                     (a)  for an FHSA that is an account--the entity is the ADI that accepts, or has accepted, contributions to the account; or

                     (b)  for an FHSA that is a life policy--the entity is the life insurance company that provides the policy; or

                     (c)  for an FHSA that is a beneficial interest in a trust--the entity is the trustee of the trust.

             (2)  An entity that provides an FHSA is an FHSA provider .