53Incentive amounts when approved participant changes

53 Incentive amounts when approved participant changes

(1) This section applies if: (a) an allocation for a rental dwelling has been held by different approved participants during a particular period; and (b) each of those approved participants is entitled to receive an incentive for the rental dwelling for a part of the period.

Note 1: For when an entitlement arises, see subsection 50(1).

Note 2: This section will not apply to an approved participant if the portion of the incentive to which the approved participant was initially entitled is moved:

(a) because of a redirection arising from a breach (see Division 3); or
(b) on request as part of an agreed transfer (see paragraph 21(4)(d)).

(2) The amount of each approved participant’s entitlement is worked out by: (a) identifying under subsection 51(1) the full amount of incentive for the dwelling for the period; and (b) apportioning that full amount by reference to the number of days in the period during which the approved participant held the allocation (and was entitled to incentive); and (c) applying subsections 51(2) to (9) to that apportioned amount.

Note: Paragraph (c) may result in the reduction of the apportioned amount if, on some days while the approved participant held the allocation, the incentive was not available or circumstances in a condition of the allocation did not happen.