Australian Capital Territory Numbered Acts

FIRST HOME OWNER GRANT AMENDMENT ACT 2010 (NO. 46 OF 2010) - SECT 4

New section 7 (1) (c)

insert

        (c)     if the first home owner grant cap applies to the eligible transaction for which the grant is sought—the total value of the transaction is not more than the amount of the first home owner grant cap.

Note 1     The first home owner grant cap applies to an eligible transaction with a commencement date on or after 1 January 2011 (see s 13A).

Note 2     See s 13B for how to work out the total value of an eligible transaction.