CTHRepealedLegislation
National Rental Affordability Scheme Regulations 2008
30Variation of incentive amount
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#### 30 Variation of incentive amount
(1) If the Secretary determines that an error arose making an incentive for a particular allocation, he or she may vary the incentive to correct the error and, where appropriate, recoup any overpayment.
(2) If the Secretary determines that an incentive should be increased, he or she must:
(a) for an endorsed charitable institution:
(i) make an additional payment to the institution; or
(ii) if the institution agrees—add the additional amount to an incentive for a future NRAS year; and
(b) for other approved participants:
(i) issue an amended certificate; or
(ii) if the approved participant agrees—add the additional amount to a certificate for a future NRAS year.
(3) If the Secretary determines that an incentive should be decreased, he or she may:
(a) for an endorsed charitable institution:
(i) offset an overpayment against any other incentives payable to the institution in the current NRAS year or a future NRAS year; or
(ii) seek repayment by the institution of the overpaid amount, including by debt recovery action; or
(b) for other approved participants:
(i) issue an amended certificate; or
(ii) deduct the overpayment from a certificate for a current or future NRAS year.