44Housing Australia must allow the relevant property to be sold

44  Housing Australia must allow the relevant property to be sold

 (1) Housing Australia must ensure that each arrangement allows the participant to sell the relevant property at any time, subject to the conditions specified in the arrangement and mentioned in subsection (2).

 (2) For the purposes of subsection (1), the conditions are that:

 (a) the participant must give Housing Australia written notice of a sale immediately after the parties enter into a contract of sale; and

 (b) Housing Australia is satisfied that the contract of sale has been entered into on an arm’s‑length basis; and

 (c)  the participant must bear the costs of obtaining a valuation, and any other administrative costs, associated with the sale.