Victorian Current Acts

FIRST HOME OWNER GRANT AND HOME BUYER SCHEMES ACT 2000 - SECT 46A

    (1)     The Treasurer, on the advice of the Commissioner, may pay an amount that is the lesser of $5000 or the consideration paid for the purchase to a person who—

        (a)     purchases land under a contract for sale made on or after 1 May 2004 and before 1 July 2005; and

        (b)     but for section 63A of the Duties Act 2000 , would be entitled to an exemption, concession or refund under section 62 or 63 of that Act in respect of the transfer of the land to the person; and

        (c)     is not eligible for a first home owner grant in respect of the purchase of the land.

    (2)     The Consolidated Fund is appropriated to the necessary extent for the purposes of subsection (1).

S. 46B inserted by No. 46/2004 s. 19.