CTHRepealedLegislation
National Rental Affordability Scheme Amendment (Provisional Allocations and Other Measures) Regulation 2014
25Entitlement to receive incentives
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Turn the raw legal text into a practical explanation grounded in National Rental Affordability Scheme Amendment (Provisional Allocations and Other Measures) Regulation 2014.
25 Entitlement to receive incentives
If the conditions of an allocation in relation to an approved rental dwelling are satisfied in an NRAS year, the approved participant for the dwelling is entitled to receive an incentive, under this Part, for the dwelling for the NRAS year.
22 Paragraph 28(2)(a)
Omit “to the Scheme”, substitute “for rent under the Scheme”.
23 At the end of subsection 28(2)
Add:
; or (d) if the conditions of the allocation in relation to an approved rental dwelling were not satisfied during a period in an NRAS year—proportionately reduce the incentive for that period.
24 Regulation 28A
Repeal the regulation, substitute: