Victorian Current Acts

HOUSING ACT 1983 - SECT 31

S. 31(1) amended by Nos 10259 ss 7(a), 9(3), 40/2022 s. 34(5).

    (1)     All money advanced to the State of Victoria by the Commonwealth under the 1981 Agreement or the 1984 Agreement shall be paid to Homes Victoria who shall have the supervision and control of that money.

S. 31(2) amended by Nos 10259 ss 7(b), 9(3), 26/1987 s. 21, 40/2022 s. 34(6).

    (2)     Homes Victoria shall cause to be kept in Homes Victoria's books of account an account to be called the Home Purchase Assistance Account into which shall be paid all money advanced to the State of Victoria by the Commonwealth under Part IX of the 1981 Agreement or Part IX of the 1984 Agreement.

S. 31(3) amended by Nos 10259 s. 9(3), 40/2022 s. 34(7).

    (3)     Homes Victoria is hereby declared to be a lending authority of the State approved by the Minister for the purposes of clause 25(1)(d)(ii) of the 1981 Agreement.

S. 31(3A) inserted by No. 10259 s. 7(c), amended by No. 40/2022 s. 34(8).

    (3A)     Homes Victoria is hereby declared to be a lending authority of the State approved by the Minister for the purposes of clause 26(1)(d)(ii) of the 1984 Agreement.

S. 31(4) amended by No. 10259 ss 7(d), 9(3).

    (4)     All money which is or may become payable by the State of Victoria to the Commonwealth of Australia under the 1981 Agreement or the 1984 Agreement shall be paid out of the Consolidated Fund (which is hereby to the necessary extent appropriated accordingly).

Part V—General

Pt 5 Div. 1 (Heading) amended by No. 40/2022 s. 35.

Division 1—Other powers of Homes Victoria

S. 32 amended by No. 40/2022 s. 36(1).