CTHRepealedLegislation
National Rental Affordability Scheme Regulations 2008
26Full incentive amount for standard dwelling
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#### 26 Full incentive amount for standard dwelling
(1) The amount of the incentive for an approved rental dwelling other than a subsidiary dwelling, for a full NRAS year is:
(a) for the period beginning on 1 July 2008 and ending on 30 April 2009—$5 000; and
(b) for the year beginning on 1 May 2009—the amount of $6 000, indexed in accordance with the NRAS incentive index.
(2) For each subsequent year beginning 1 May, the amount of the incentive is the amount for the previous year indexed in accordance with the NRAS incentive index.