57Application of this Division

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57 Application of this Division

This Division applies if: (a) an allocation for a rental dwelling is transferred under Division 5 of Part 2 (about transfers because of breach) during an NRAS year; and (b) the original approved participant has, or had, obligations to pass on an incentive for the dwelling for an NRAS year to an investor.

Note: This Division relates to:

(a) the portion of the incentive that relates to the part of the NRAS year that is before the day the transfer takes effect; or
(b) an earlier NRAS year.

Section 57 - National Rental Affordability Scheme Regulations 2020 - Application of this Division | Zoe