Queensland Numbered Acts

FISCAL REPAIR AMENDMENT ACT 2012 No. 25 - SECT 11

(1) Section 20(b)—

omit, insert—

'(b) either—

(i) for a new home eligible transaction—$15000; or

(ii) for another eligible transaction—$7000.'.

(2) Section 20—

insert—

'(2) In this section—

new home eligible transaction means an eligible transaction that is—

(a) a contract for the purchase of a new home; or

(b) a comprehensive home building contract to build a new home; or

(c) the building of a new home by an owner builder.'.