NSWIn ForceAct
Housing Act 2001
9Functions of the Corporation relating to home purchase assistance
Start here
Get a plain-English read of 9
Turn the raw legal text into a practical explanation grounded in Housing Act 2001.
#### 9 Functions of the Corporation relating to home purchase assistance
9 Functions of the Corporation relating to home purchase assistance
(cf Act No 15, 1993, s 13)
> > (1) The Corporation has the following functions—
> >
> > > (a) to develop policies for home purchase assistance and to make recommendations to the Minister on such matters,
> >
> > > (b) to manage such existing and future home purchase assistance schemes as are from time to time directed by the Minister.
>
> > (2) Without limiting the generality of subsection (1), the Corporation has the following functions—
> >
> > > (a) to determine guidelines for the eligibility of applicants for home purchase assistance,
> >
> > > (b) to determine the terms and conditions of loans or other assistance to those applicants,
> >
> > > (c) to advertise and market home purchase assistance,
> >
> > > (d) to provide information to the public on home purchase and home purchase assistance,
> >
> > > (e) to make loans or grants or give other financial assistance, with or without security, to eligible applicants,
> >
> > > (f) to manage loans, including to collect repayments and arrears and realise securities,
> >
> > > (g) to manage the Housing Reserve Fund and any contingency fund in relation to home purchase assistance, as directed by the Minister.