1Name and purpose of Act

1 Name and purpose of Act

1 Name and purpose of Act

(1) This Act is the Help to Buy (Commonwealth Powers) Act 2025.

(2) The purposes of this Act are as follows—

(a) adopt specified provisions of the Help to Buy Act 2024 of the Commonwealth for the purposes of the Commonwealth Constitution, section 51(xxxvii),

(b) refer legislative power of the State in the form of an amendment reference to the Parliament of the Commonwealth to make amendments to the Help to Buy Act 2024 of the Commonwealth for the purposes of the Commonwealth Constitution, section 51(xxxvii), and

(c) consequentially amend the following—

(i) the Duties Act 1997,

(ii) the Duties Regulation 2022,

(iii) the First Home Owner Grant and Shared Equity Act 2000,

(iv) the Land Tax Management Act 1956,

(v) the Property Tax (First Home Buyer Choice) Act 2022.