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FIRST HOME OWNER GRANT (SPECIAL ELIGIBLE TRANSACTIONS) AMENDMENT ACT 2009 (NO 53 OF 2009) - SECT 4

4—Amendment of section 12—Criterion 5—Residence requirement

        (1)         Section 12(1)—after "(or a shorter period approved by the Commissioner)" insert:

(the "residence period")

        (2)         Section 12(1)—after "(or within a longer period approved by the Commissioner)" insert:

(the "completion period")

        (3)         Section 12—after subsection (2) insert:

        (3)         The Commissioner may, if the Commissioner considers there are good reasons for doing so, vary an applicant's residence requirement at any time (including after the end of the period allowed for compliance with the residence requirement) by approving a shorter residence period or a longer completion period (or both).

        (4)         If the Commissioner varies a residence requirement under subsection (3), the requirement as varied will be taken to have been the applicant's residence requirement from the date of the determination of his or her application.



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