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COMMONWEALTHAct
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s 57A

Review of assistance to first home buyers

In force
Part 6Miscellaneous

57A Review of assistance to first home buyers

(1)

The Minister must cause a review of Housing Australia’s activities assisting additional first home buyers to enter the housing market to be commenced within 3 months after the end of:

(a)

the period beginning on the date when the first guarantee is issued by the NHFIC and ending 12 months after that date; and

(b)

each subsequent 12 month period.

(2)

The persons undertaking the review must give the Minister a written report of the review within 3 months of the commencement of the review.

(3)

The Minister must cause a copy of the report to be tabled in each House of the Parliament within 15 sitting days of that House after the report is given to the Minister.

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