Help to Buy (Commonwealth Powers) Act 2024
sch.1-sec.20Help to Buy functions of Housing Australia—withdrawn States
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sch.1-sec.20 Help to Buy functions of Housing Australia—withdrawn States
Functions Housing Australia has the following functions under this Act: to administer, on behalf of the Commonwealth, Help to Buy arrangements that: relate to residential property located in a withdrawn State; and were entered into before the State stopped being a participating State; any other functions conferred on Housing Australia by this Act (disregarding sections 10 and 15 ), to the extent that they relate to a withdrawn State.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 In performing a function mentioned in subsection (1) , Housing Australia must act in a proper, efficient and effective manner. (sch.1-sec.20-ssec) Functions (sch.1-sec.20-ssec.1) Housing Australia has the following functions under this Act: to administer, on behalf of the Commonwealth, Help to Buy arrangements that: relate to residential property located in a withdrawn State; and were entered into before the State stopped being a participating State; any other functions conferred on Housing Australia by this Act (disregarding sections 10 and 15 ), to the extent that they relate to a withdrawn State. (sch.1-sec.20-ssec-oc.2) Obligation to act properly, efficiently and effectively (sch.1-sec.20-ssec.2) In performing a function mentioned in subsection (1) , Housing Australia must act in a proper, efficient and effective manner.
- (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on behalf of the Commonwealth, Help to Buy arrangements that: (i) relate to residential property located in a withdrawn State; and (ii) were entered into before the State stopped being a participating State;
- (i) relate to residential property located in a withdrawn State; and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conferred on Housing Australia by this Act (disregarding sections 10 and 15 ), to the extent that they relate to a withdrawn State.
- (i) relate to residential property located in a withdrawn State; and
- (ii) were entered into before the State stopped being a participating State;