Building Boost Grant Act 2011
sec.33When grant is payable
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sec.33 When grant is payable
A building boost grant for a transaction for a home is payable— if the transaction is completed before the application for the grant is decided—when payment of the grant is authorised; or otherwise—after the transaction is completed. However, the commissioner may pay the grant before the transaction is completed if the commissioner is satisfied it is appropriate to pay the grant in the circumstances. (sec.33-ssec.1) A building boost grant for a transaction for a home is payable— if the transaction is completed before the application for the grant is decided—when payment of the grant is authorised; or otherwise—after the transaction is completed. (sec.33-ssec.2) However, the commissioner may pay the grant before the transaction is completed if the commissioner is satisfied it is appropriate to pay the grant in the circumstances.
- (a) if the transaction is completed before the application for the grant is decided—when payment of the grant is authorised; or
- (b) otherwise—after the transaction is completed.