20Help to Buy functions of Housing Australia—withdrawn States

20 Help to Buy functions of Housing Australia—withdrawn States

Functions (1) Housing Australia has the following functions under this Act: (a) to administer, on behalf of the Commonwealth, Help to Buy arrangements that: (i) relate to residential property located in a withdrawn State; and (ii) were entered into before the State stopped being a participating State; (b) any other functions conferred on Housing Australia by this Act (disregarding sections 10 and 15), to the extent that they relate to a withdrawn State. Obligation to act properly, efficiently and effectively (2) In performing a function mentioned in subsection (1), Housing Australia must act in a proper, efficient and effective manner.