Australian Capital Territory
First Home Owner Grant Regulation 2008
Subordinate Law SL2008-4

The Australian Capital Territory Executive makes the following regulation under the First Home Owner Grant Act 2000.
Dated 5 March 2008.
Jon Stanhope
Minister
Andrew Barr
Minister

Australian Capital Territory
First Home Owner Grant Regulation 2008
Subordinate Law SL2008-4
made under the
First Home Owner Grant Act 2000

    

1	Name of regulation
This regulation is the First Home Owner Grant Regulation 2008.
2	Commencement
This regulation commences on a day fixed by the Minister by written notice.
Note 1	The naming and commencement provisions automatically commence on the notification day (see Legislation Act, s 75 (1)).
Note 2	A single day or time may be fixed, or different days or times may be fixed, for the commencement of different provisions (see Legislation Act, s 77 (1)).
Note 3	If a provision has not commenced within 6 months beginning on the notification day, it automatically commences on the first day after that period (see Legislation Act, s 79).
3	Exclusion of certain shared equity partners from requirement to join in application—Act, s 15 (2)
A person (shared equity partner) is excluded from the application of the Act, section 15, if the shared equity partner—
	(a)	has, or on the completion of the transfer will have, not more than a 50% interest in land on which the relevant home is built; and
	(b)	is—
	(i)	a financial institution; or   
	(ii)	an entity declared as a provider of community housing under the Duties Act 1999, section 73A .

Endnotes
1	Notification
	Notified under the Legislation Act on 11 March 2008.
2	Republications of amended laws
	For the latest republication of amended laws, see www.legislation.act.gov.au.

© Australian Capital Territory 2008