28Arrangements must require compliance with participation requirements

28  Arrangements must require compliance with participation requirements

 (1) Housing Australia must ensure that each arrangement requires the participant to comply with the participation requirements specified in Schedule 1 for the duration of the arrangement.

 (2) Those requirements, as set out in each arrangement, are the participation requirements for that arrangement.

 (3) To avoid doubt, the participation requirements, for an arrangement, are to apply to a participant only during the life of that arrangement and are not to apply where the arrangement has been brought to an end early (for example, because of voluntary early repayment of the Commonwealth share in full or the sale of the relevant property).

Note 1: The participation requirements have legal force by virtue of an arrangement. This instrument does not impose such obligations on participants directly.

Note 2: There is no participation requirement relating to the income thresholds. However, Division 4 of Part 3 requires Housing Australia to take certain actions where a participant exceeds the income threshold at a particular time.