sch.44-sec.5BAmount of financial assistance—home raising works

### sch.44-sec.5B Amount of financial assistance—home raising works The maximum amount of financial assistance available under the scheme for home raising works is— for category A works—the full cost of the works subject to a 50% contribution from the applicant to the extent the works cost more than $150,000; or for category B works—$150,000; or for category C works—$50,000. However, financial assistance is available under the scheme for home raising works only if the report for the eligible home assessment mentioned in section 6 (1) (d) states that it is practicable to raise the eligible home. Home raising works for an eligible home are category A works if the habitable floor level of the home is below— the flood hazard level that applies to the home; and the flood event level that applies to the home. Home raising works for an eligible home are category B works if category A does not apply but the habitable floor level of the home is below— the flood hazard level that applies to the home; or the flood event level that applies to the home. Home raising works for an eligible home are category C works if the works are not category A works or category B works. sch 44 s 5B ins 2023 SL No. 184 s 6 amd 2024 SL No. 46 s 4 (sch.44-sec.5B-ssec.1) The maximum amount of financial assistance available under the scheme for home raising works is— for category A works—the full cost of the works subject to a 50% contribution from the applicant to the extent the works cost more than $150,000; or for category B works—$150,000; or for category C works—$50,000. (sch.44-sec.5B-ssec.2) However, financial assistance is available under the scheme for home raising works only if the report for the eligible home assessment mentioned in section 6 (1) (d) states that it is practicable to raise the eligible home. (sch.44-sec.5B-ssec.3) Home raising works for an eligible home are category A works if the habitable floor level of the home is below— the flood hazard level that applies to the home; and the flood event level that applies to the home. (sch.44-sec.5B-ssec.4) Home raising works for an eligible home are category B works if category A does not apply but the habitable floor level of the home is below— the flood hazard level that applies to the home; or the flood event level that applies to the home. (sch.44-sec.5B-ssec.5) Home raising works for an eligible home are category C works if the works are not category A works or category B works. - (a) for category A works—the full cost of the works subject to a 50% contribution from the applicant to the extent the works cost more than $150,000; or - (b) for category B works—$150,000; or - (c) for category C works—$50,000. - (a) the flood hazard level that applies to the home; and - (b) the flood event level that applies to the home. - (a) the flood hazard level that applies to the home; or - (b) the flood event level that applies to the home.