16Entitlement to Commonwealth HomeBuilder grant

16 Entitlement to Commonwealth HomeBuilder grant

(1)  A Commonwealth HomeBuilder grant is payable on application under this Act if –

(a) each applicant for the grant complies with the eligibility requirements specified in section 17 ; and

(b) the transaction for which the grant is sought –

(i) is an eligible transaction; and

(ii) has been completed.

(2)  Only one Commonwealth HomeBuilder grant is payable in respect of –

(a) the same eligible transaction; and

(b) the same land, whether or not there has been a change of ownership in respect of the land.

(3)  Subsection (2) does not apply in respect of a previous grant of the Commonwealth HomeBuilder grant if the previous grant has been paid back in full.

(4)  The payment of the Tasmanian HomeBuilder grant, or the first home owner grant, in respect of an eligible transaction does not, of itself, prevent the payment of the Commonwealth HomeBuilder grant in respect of the transaction.