📜 First Home Owner Grant Amendment Bill 2004
Assented toLABill 30823 June 2004
The First Home Owner Grant Amendment Bill 2004 amends the First Home Owner Grant Act 2000 to improve the equity and efficiency of the first home owner grant scheme. It introduces a minimum age of 18 for applicants and a six-month continuous occupancy requirement for the home.
Impact
First home buyers are affected by the new age and residency requirements. The changes aim to ensure grants go to genuine first home buyers and reduce potential abuse of the scheme.
Key Changes
["Introduces a minimum age of 18 for first home owner grant applicants.", "Requires applicants to occupy the home as their principal place of residence for a continuous period of six months.", "Clarifies confidentiality provisions regarding information obtained under the Act.", "Amends offence provisions related to providing false or misleading information."]
Parliamentary Progress
- LA Second Reading MovedLA23 June 2004
- LA IntroducedLA23 June 2004
- LA Second Reading AgreedLA1 July 2004
- LA Third ReadingLA1 July 2004
- LC Second Reading MovedLC17 Aug 2004
- LC Third ReadingLC10 Nov 2004
- LC Second Reading AgreedLC10 Nov 2004
Affected Sectors
housingfinance
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