South Australian Numbered Acts

STATUTES AMENDMENT (AFFORDABLE HOUSING) ACT 2007 (NO 20 OF 2007) - SECT 6

6—Amendment of section 7—Specific powers of SAHT

        (1)         Section 7(1)(h)—delete paragraph (h) and substitute:

            (h)         hold an interest in land under the Community Titles Act 1996 or the Strata Titles Act 1988 and participate in the membership or management of any corporation under either Act;

        (2)         Section 7(1)(j)—delete "organisations" and substitute:

entities

        (3)         Section 7(1)(k)—delete paragraph (k) and substitute:

            (k)         provide financial, and other, assistance in the public, private and community housing sectors, subject to the qualification that the provision of financial assistance will be subject to the approval of the Treasurer;

        (4)         Section 7—after subsection (2) insert:

        (3)         The assistance that may be provided under subsection (1)(k) may include—

            (a)         the provision of support or payments of money—

                  (i)         by way of grant; or

                  (ii)         by way of loan; or

                  (iii)         by way of funding agreements that involve the provision of financial benefits or accommodation (whether immediately or over a period of time);

            (b)         the transfer of assets or rights.

        (4)         SAHT may, by arrangement with the appropriate authority, make use of the services, facilities or staff of a government department, agency or instrumentality.