73A
In forceApplication of eligibility criteria to joint purchasers and transferees
Chapter 2Transactions concerning dutiable property
Part 8Other exemptions and concessions
Division 1First Home Buyers Assistance Scheme
73A Application of eligibility criteria to joint purchasers and transferees
(1)
If there is more than one purchaser or transferee under an agreement or transfer, they may apply under the scheme, but the agreement or transfer will be eligible under the scheme only if all of the purchasers or transferees are eligible under the scheme.
(2)
If the agreement or transfer is entered into, or occurs, under an approved shared equity scheme, it does not matter that the approved equity partners are not eligible under the scheme, as long as the other purchasers or transferees are eligible.
(3)
This section does not affect section 78B.
This Act’s bill:Explanatory memorandumSecond reading speech
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