sec.10When grant is payable

sec.10 When grant is payable

A first home owner grant is payable on an application under this Act if— the applicant or, if there are 2 or more of them, each of the applicants complies with the eligibility criteria; and the transaction for which the grant is sought— is an eligible transaction; and has been completed. For authorisation of payment of the grant before the completion of the eligible transaction, see section 19 (2) . Despite subsection (1) (a) , an applicant need not comply with the eligibility criteria to the extent the applicant is exempted from compliance under this Act. Only 1 first home owner grant is payable for the same eligible transaction. (sec.10-ssec.1) A first home owner grant is payable on an application under this Act if— the applicant or, if there are 2 or more of them, each of the applicants complies with the eligibility criteria; and the transaction for which the grant is sought— is an eligible transaction; and has been completed. For authorisation of payment of the grant before the completion of the eligible transaction, see section 19 (2) . (sec.10-ssec.2) Despite subsection (1) (a) , an applicant need not comply with the eligibility criteria to the extent the applicant is exempted from compliance under this Act. (sec.10-ssec.3) Only 1 first home owner grant is payable for the same eligible transaction.

• (a) the applicant or, if there are 2 or more of them, each of the applicants complies with the eligibility criteria; and
• (b) the transaction for which the grant is sought— (i) is an eligible transaction; and (ii) has been completed. Note— For authorisation of payment of the grant before the completion of the eligible transaction, see section 19 (2) .
• (i) is an eligible transaction; and
• (ii) has been completed.
• (i) is an eligible transaction; and
• (ii) has been completed.