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1987 No. 240 FIRST HOME OWNERS REGULATIONS (AMENDMENT) - REG 1

Prescribed earnings
Regulation 4A of the First Home Owners Regulations is amended:

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

   (b)  by inserting after paragraph (e) the following paragraphs:

"(f) if the prescribed date in relation to the applicant is a date later than
30 June 1985 and not later than 30 June 1986 and the relevant year of income
in relation to the applicant is the succeeding year of income-the formula:
27,600 A ; or
31,400

   (g)  if the prescribed date in relation to the applicant is a date later
        than 30 June 1986 and not later than 30 June 1987 and the relevant
        year of income in relation to the applicant is the current year of
        income-the formula:
29,500 A ; ".
31,400 


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