Western Australian Repealed Acts Western Australian Repealed ActsThis legislation has been repealed.
(1) The Authority
shall consider any application made to it under section 14 and may approve the
application on such terms and conditions as it thinks fit or may refuse the
application, but in any event, the Authority shall not approve the application
unless —
(a)
where the applicant is a natural person — the Authority is satisfied
that the dwelling house in respect of which an advance is required is intended
to be used by the applicant as a home for himself and his dependants or as a
home for a person whose sole or principal activity is the carrying on of
farming operations on behalf of the applicant;
(b)
where the applicant is a body corporate — the Authority is satisfied
that —
(i)
the applicant is an exempt proprietary company within the
meaning of section 5 of the Companies (Western Australia) Code —
(ii)
the farming operations carried on by the applicant on the
holding concerned are solely or principally performed for or on behalf of the
applicant by one or more natural persons holding shares in the share capital
of the applicant; and
(iii)
the dwelling house in respect of which the advance is
required is intended to be used by the person or persons referred to in
subparagraph (ii) of this paragraph as a home for him or them and his or their
dependants or as a home for a person whose sole or principal activity is the
carrying on of farming operations on behalf of the applicant.
(2) Where the
Authority approves an application made under this section it shall issue a
certificate to the effect that the farmer is an approved farmer for the
purposes of this Act, and shall include therein any terms and conditions to
which that approval is subject.
[Section 15 amended by No. 38 of 1981 s.2; No. 10
of 1982 s.28.]