Victorian Current Acts

FIRST HOME OWNER GRANT AND HOME BUYER SCHEMES ACT 2000 - SECT 7

    (1)     A first home owner grant is payable on an application under this Act if—

S. 7(1)(a) amended by No. 113/2003 s. 14.

        (a)     the applicant or, if there are 2 or more of them, each of the applicants complies with the eligibility criteria at the time that the transaction for which the grant is sought is completed; and

        (b)     the transaction for which the grant is sought—

              (i)     is an eligible transaction; and

              (ii)     has been completed.

    (2)     Despite subsection (1)(a), an applicant need not comply with the eligibility criteria to the extent that the applicant is exempted from compliance by or under this Act.

    (3)     Only 1 first home owner grant is payable for the same eligible transaction.

Division 2—Eligibility criteria (applicants)

S. 8 substituted by No. 113/2003 s. 15.