National Rental Affordability Scheme Regulations 2020
10Other vacancies
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10 Other vacancies
Vacancies exceeding 26 weeks (1) No incentive is available for an NRAS year (the current NRAS year) if the dwelling is vacant for: (a) a period of more than 26 weeks during the current NRAS year, whether or not the period is continuous; or (b) a continuous period of more than 26 weeks that begins no more than 26 weeks before the end of the previous NRAS year. (2) However, subsection (1) does not apply in relation to a dwelling to which an allocation has been transferred, during the current NRAS year, under section 20. Vacancies of at least 13 weeks but less than 26 weeks (3) If: (a) the dwelling is vacant for: (i) a period of 13 weeks or more during an NRAS year, whether or not the period is continuous; or (ii) a continuous period of more than 13 weeks that begins no more than 13 weeks before the end of the previous NRAS year; and (b) the period is less than those described in subsection (1); no incentive is available for so much of the period as exceeds 13 weeks.
Note: Subsection (1) will generally cover a period of vacancy that exceeds 26 weeks.
Application of this section (4) This section applies whether or not a vacancy is beyond the control of the approved participant. (5) However, this section does not apply in relation to any vacancy before the dwelling is first rented under the Scheme.