Building Boost Grant Act 2011
sec.21Eligible applicants
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sec.21 Eligible applicants
Without limiting division 1 , 2 or 4 , to be eligible for a building boost grant for a transaction, an applicant must— have a relevant interest in the land on which the home is, or is to be, built; and comply with the occupancy requirement; and be any of the following— if applying as a trustee—a trustee of a trust that is substantially Australian owned; an individual who is— at least 18 years of age at the transaction commencement day; and an Australian citizen or a permanent resident; a corporation that is substantially Australian owned. This section is subject to sections 22 and 26 . (sec.21-ssec.1) Without limiting division 1 , 2 or 4 , to be eligible for a building boost grant for a transaction, an applicant must— have a relevant interest in the land on which the home is, or is to be, built; and comply with the occupancy requirement; and be any of the following— if applying as a trustee—a trustee of a trust that is substantially Australian owned; an individual who is— at least 18 years of age at the transaction commencement day; and an Australian citizen or a permanent resident; a corporation that is substantially Australian owned. (sec.21-ssec.2) This section is subject to sections 22 and 26 .
- (a) have a relevant interest in the land on which the home is, or is to be, built; and
- (b) comply with the occupancy requirement; and
- (c) be any of the following— (i) if applying as a trustee—a trustee of a trust that is substantially Australian owned; (ii) an individual who is— (A) at least 18 years of age at the transaction commencement day; and (B) an Australian citizen or a permanent resident; (iii) a corporation that is substantially Australian owned.
- (i) if applying as a trustee—a trustee of a trust that is substantially Australian owned;
- (ii) an individual who is— (A) at least 18 years of age at the transaction commencement day; and (B) an Australian citizen or a permanent resident;
- (A) at least 18 years of age at the transaction commencement day; and
- (B) an Australian citizen or a permanent resident;
- (iii) a corporation that is substantially Australian owned.
- (i) if applying as a trustee—a trustee of a trust that is substantially Australian owned;
- (ii) an individual who is— (A) at least 18 years of age at the transaction commencement day; and (B) an Australian citizen or a permanent resident;
- (A) at least 18 years of age at the transaction commencement day; and
- (B) an Australian citizen or a permanent resident;
- (iii) a corporation that is substantially Australian owned.
- (A) at least 18 years of age at the transaction commencement day; and