📜 First Home Owner Grant Amendment Bill 2002
Legislative Council Second ReadingLA28 March 2002
The First Home Owner Grant Amendment Bill 2002 amends the First Home Owner Grant Act 2000 to provide an additional $3,000 grant for eligible new homes purchased or constructed between 1 January 2002 and 30 June 2002, and makes minor administrative changes.
Impact
First home buyers in Western Australia are affected by the changes to the grant amount and eligibility criteria. The construction industry is also affected by the changes to the grant.
Key Changes
["Introduces a $3,000 additional grant for new homes for contracts entered into between 1 January 2002 and 30 June 2002.", "Extends commencement and completion dates for the existing additional $7,000 grant.", "Gives the Commissioner discretion to determine an alternative commencement date for building work by owner builders.", "Replaces the offence provision for failure to notify the Commissioner and repay the grant with a penalty provision."]
Parliamentary Progress
- LA IntroducedLA28 Mar 2002
- LA Second Reading MovedLA28 Mar 2002
- LA Third ReadingLA8 May 2002
- LA Second Reading AgreedLA8 May 2002
- LC Second Reading MovedLC14 May 2002
Affected Sectors
housingconstructionfinance
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