42Statement of compliance required for each NRAS year

42 Statement of compliance required for each NRAS year

(1) The approved participant for a rental dwelling covered by an allocation must give the Secretary a statement of compliance for the dwelling for each NRAS year. (2) A statement of compliance must: (a) be in the approved form; and (b) include the information required by the form for the purposes of the Scheme.

Note: Sections 137.1 and 137.2 of the Criminal Code create offences for providing false or misleading information or documents.

(3) The statement of compliance must be given to the Secretary before: (a) 30 June after the end of the NRAS year; or (b) a later date approved by the Secretary, which must not be later than 30 September after the end of the NRAS year.

Note: No incentive is available for any period during which the approved participant fails to comply with this subsection (see subsections 13(2) to (4)).

(4) The Secretary may approve a later date: (a) on the Secretary’s own initiative, if the Secretary considers it appropriate; or (b) on the application of the approved participant, if: (i) the application is in the approved form; and (ii) the application is made before 30 September after the end of the NRAS year; and (ii) the Secretary is satisfied that the approved participant has a reasonable excuse for not being able to lodge the statement by 30 June. (5) The Secretary must give the approved participant notice in writing of a later date approved by the Secretary. (6) If the Secretary approves a later date, the Secretary may, by writing given to the approved participant, determine that subsection 13(2) (outstanding documents or information) does not apply in relation to the statement of compliance for the period specified in the determination. Transferred allocations (7) If, because an allocation for a rental dwelling is transferred, there is more than one approved participant for the dwelling for an NRAS year, each approved participant must give the Secretary a statement of compliance for the period for which the approved participant held the allocation. (8) Subsection (7) has effect subject to section 35 (about transferred allocations).