Victorian Current Acts

FIRST HOME OWNER GRANT AND HOME BUYER SCHEMES ACT 2000 - SECT 17

    (1)     If the Commissioner is satisfied that a first home owner grant is payable on an application, the Commissioner must authorise the payment of the grant.

    (2)     The Commissioner may authorise the payment of a first home owner grant before completion of the eligible transaction if satisfied that—

        (a)     there are good reasons for doing so; and

        (b)     the interests of the State can be adequately protected by conditions requiring repayment of the grant if the transaction is not completed within a reasonable time.

S. 18 amended by No. 46/2004 s. 18 (ILA s. 39B(1)).