32Administration agreements

#### 32 Administration agreements 32 Administration agreements > > (1) Without limiting section 31, the Chief Commissioner may enter into an agreement with a financial institution or other person for exercising functions related to the administration of the first home owner grant scheme or a shared equity scheme. > > > (2) An administration agreement is subject to conditions specified in the administration agreement or by subsequent written notice given to the financial institution or other person. > > > (3) The conditions may include— > > > > > (a) conditions as to the means by which applications are to be lodged by the financial institution or other person, and > > > > > (b) conditions requiring the financial institution or other person to keep specified records, and > > > > > (c) conditions as to the payment to applicants of money paid to the financial institution or other person, and > > > > > (d) conditions restricting the financial institution or other person from disclosing information that is identified in the administration agreement as confidential. > > > (4) The Chief Commissioner may, at any time, at the Chief Commissioner’s discretion, revoke an administration agreement under this section. > > **s 32:** Am 2022 No 63, Sch 2\[9\].