First Home Owner Grant and Shared Equity Act 2000
24JClosure of Fund
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24J Closure of Fund
24J Closure of Fund
(1) The Governor may close the Fund by proclamation published on the NSW legislation website.
(2) The Governor may make the proclamation only if satisfied that the Minister and the Treasurer support the closure of the Fund.
(3) A proclamation under this section must not close the Fund within 2 years after the commencement of this Part.
(4) A proclamation under this section may include savings and transitional provisions in relation to the closure of the Fund, including specifying what is to be done with—
(a) any amount left in the Fund, and
(b) future amounts that would have been payable to the Fund.
s 24J: Ins 2022 No 63, Sch 2[2].