11Simplified outline of this Part

11  Simplified outline of this Part

This Part contains directions regarding the circumstances in which Housing Australia can enter into arrangements. The directions in this Part are relevant to the performance of Housing Australia’s functions in relation to participating States and the Territories.

Housing Australia may only enter into a Help to Buy arrangement in accordance with this instrument. Division 2 of this Part sets out overarching requirements relating to entry into arrangements, including requirements around the individuals with whom, and properties in respect of which, arrangements can be entered into. It also sets limits on the amount that Housing Australia can contribute, on behalf of the Commonwealth, to the purchase of a relevant property.