sec.15Criterion 5—Residence requirements

sec.15 Criterion 5—Residence requirements

An applicant for a first home owner grant must occupy the home to which the application relates as the applicant’s principal place of residence for a continuous period of at least 6 months. However, if the commissioner is satisfied there are good reasons to do so, the commissioner may— approve a shorter period; or exempt the applicant from the requirement to comply with subsection (1) . The period of occupation required under subsection (1) , or the shorter period approved under subsection (2) (a) , must start within 1 year after completion of the eligible transaction or a longer period approved by the commissioner. The commissioner may exempt an applicant from the residence requirement under subsection (3) if— the applicant is 1 of 2 or more joint applicants for a first home owner grant; and at least 1 of the applicants complies with the residence requirement; and the commissioner is satisfied there are good reasons to exempt the applicant from the residence requirement. The commissioner may give an approval or exemption under subsection (2) , (3) or (4) at any time, even if the period to which the approval or exemption relates has ended. s 15 amd 2003 No. 90 s 7 ; 2015 No. 4 s 60 (sec.15-ssec.1) An applicant for a first home owner grant must occupy the home to which the application relates as the applicant’s principal place of residence for a continuous period of at least 6 months. (sec.15-ssec.2) However, if the commissioner is satisfied there are good reasons to do so, the commissioner may— approve a shorter period; or exempt the applicant from the requirement to comply with subsection (1) . (sec.15-ssec.3) The period of occupation required under subsection (1) , or the shorter period approved under subsection (2) (a) , must start within 1 year after completion of the eligible transaction or a longer period approved by the commissioner. (sec.15-ssec.4) The commissioner may exempt an applicant from the residence requirement under subsection (3) if— the applicant is 1 of 2 or more joint applicants for a first home owner grant; and at least 1 of the applicants complies with the residence requirement; and the commissioner is satisfied there are good reasons to exempt the applicant from the residence requirement. (sec.15-ssec.5) The commissioner may give an approval or exemption under subsection (2) , (3) or (4) at any time, even if the period to which the approval or exemption relates has ended.

• (a) approve a shorter period; or
• (b) exempt the applicant from the requirement to comply with subsection (1) .
• (a) the applicant is 1 of 2 or more joint applicants for a first home owner grant; and
• (b) at least 1 of the applicants complies with the residence requirement; and
• (c) the commissioner is satisfied there are good reasons to exempt the applicant from the residence requirement.