Building Boost Grant Act 2011
sec.12Entitlement of applicants to building boost grants
Start here
Get a plain-English read of sec.12
Turn the raw legal text into a practical explanation grounded in Building Boost Grant Act 2011.
sec.12 Entitlement of applicants to building boost grants
The applicant for a building boost grant is entitled to be paid a building boost grant only if— the transaction for which the grant is sought— is an eligible transaction; and has been completed; and However, for authorisation of payment of the grant before the completion of the eligible transaction, see section 33 (2) . the applicant or, if there are 2 or more of them, each of the applicants, complies with the eligibility criteria under division 3 ; and the application for the grant is properly made.
- (a) the transaction for which the grant is sought— (i) is an eligible transaction; and (ii) has been completed; and Note— However, for authorisation of payment of the grant before the completion of the eligible transaction, see section 33 (2) .
- (i) is an eligible transaction; and
- (ii) has been completed; and Note— However, for authorisation of payment of the grant before the completion of the eligible transaction, see section 33 (2) .
- (b) the applicant or, if there are 2 or more of them, each of the applicants, complies with the eligibility criteria under division 3 ; and
- (c) the application for the grant is properly made.
- (i) is an eligible transaction; and
- (ii) has been completed; and Note— However, for authorisation of payment of the grant before the completion of the eligible transaction, see section 33 (2) .