Commonwealth Numbered Acts

HOMES SAVINGS GRANT AMENDMENT ACT 1980 No. 158 of 1980 - SECT 5

5. Section 22 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 any of the applicants, or jointly by 2 or more of
the applicants, 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 that applicant or in
               the joint names of those applicants, as the case may be; 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 a joint 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
that joint applicant.".