Commonwealth Numbered Acts

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HOMES SAVINGS GRANT AMENDMENT ACT 1980 No. 158 of 1980 - SECT 4

Acceptable savings of sole applicant to include bank deposits, &c.
4. Section 21 of the Principal Act is amended-

   (a)  by omitting from paragraph (1) (a) "or" (last occurring);

   (b)  by adding at the end of sub-section (1) the following word and
        paragraph:



"; or (c) that were paid by the applicant under the Inscribed Stock Act-

        (i)    for the purchase of stock that was, on the relevant date,
               inscribed under that Act in the name of the applicant; or

        (ii)   for the purchase of bonds in respect of which an equivalent
               amount of stock was, on the relevant date, inscribed under that
               Act in the name of a bank.";

   (c)  by inserting in sub-section (2) ", or paid by the applicant for the
purchase of stock or bonds as mentioned in paragraph (1) (c)" after "paragraph
(1) (b)";

   (d)  by omitting from paragraph (2) (a) "or"; and

   (e)  by adding at the end of sub-section (2) the following word and
        paragraph:



"; or (c) a person who, on the relevant date, was engaged to be married to the
applicant.". 


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