7Entitlement to grant

7 Entitlement to grant

7 Entitlement to grant

(1) A first home owner grant is payable on an application under this Act if—

(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, and

(c) the total value of the transaction does not exceed the eligibility cap for the type of first home owner grant that is available in respect of that transaction.

(1A) (Repealed)

(2) An applicant need not comply with the eligibility criteria to the extent the applicant is exempted from compliance with the eligibility criteria by this Act.

(3) A first home owner grant is payable before completion of the relevant eligible transaction if payment is authorised under section 20.

(4) Only one first home owner grant is payable for the same eligible transaction.

s 7: Am 2001 No 25, Sch 1 [1]; 2009 No 51, Sch 3 [5]; 2009 No 76, Sch 1 [2]; 2017 No 33, Sch 1.2 [2] [3].