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NATIONAL RENTAL AFFORDABILITY SCHEME AMENDMENT (ADMINISTRATIVE PROCESSES) REGULATIONS 2017 (F2017L00921) - SCHEDULE 1

   

National Rental Affordability Scheme Regulations 2008

1  Subregulation 16(1D)

Repeal the subregulation, substitute:

          (1D)  To the extent that the rental dwelling is not rented during an NRAS year (the relevant NRAS year ) that falls within the incentive period--the dwelling must not be vacant for:

                     (a)  a period of more than 26 weeks during the relevant NRAS year (whether or not the period is continuous); or

                     (b)  a continuous period of more than 26 weeks that:

                              (i)  begins no more than 26 weeks before the end of the previous NRAS year; and

                             (ii)  ends in the relevant NRAS year.

2  Regulation 23 (heading)

Repeal the heading, substitute:

23   Variation of certain conditions

3  Regulation 23

Before "The", insert "(1)".

4  At the end of regulation 23

Add:

             (2)  The Secretary may, with the agreement of an approved participant for an approved rental dwelling, vary a condition of the reservation of the allocation in relation to the dwelling that relates to the size of the dwelling.

5  In the appropriate position in Part 6

Insert:

Division 1 -- Amendments made by the National Rental Affordability Scheme Amendment (Administrative Processes) Regulations 2017

34   Application--vacancy periods

                   Subregulation 16(1D) of the National Rental Affordability Scheme Regulations 2008 , as inserted by item 1 of Schedule 1 to the National Rental Affordability Scheme Amendment (Administrative Processes) Regulations 2017 , applies in relation to the NRAS year beginning on 1 May 2016 and each later NRAS year.

35   Application--variation of conditions of the reservation of an allocation

                   Subregulation 23(2) of the National Rental Affordability Scheme Regulations 2008 , as inserted by item 4 of Schedule 1 to the National Rental Affordability Scheme Amendment (Administrative Processes) Regulations 2017 , applies in relation to a reservation of an allocation made before the commencement of this regulation if, immediately before that commencement, the allocation has not been revoked.



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