First Home Owner Grant and Shared Equity Act 2000

All interested persons must be applicants.

An interested person is a person who is, or will be, on the completion of the eligible transaction to which the application relates, an owner of the relevant home but does not include the following persons—

in a case to which section 6C or 6D applies—a person who is the owner of the estate in fee simple in the land on which the home is built or situated,

in the case of a home being purchased or built under a multiple occupancy contract, a purchaser of another home under the contract or party to the contract for whom another home is being built under the contract, and who does not, on the completion of the contract, acquire any entitlement to occupy the home that is the subject of the application,

in the case of a contract to purchase or build a home on multiple occupancy land, a person who has an exclusive occupancy of another home on the multiple occupancy land and who does not, on completion of the contract, acquire any entitlement to occupy the home that is the subject of the application,

the New South Wales Land and Housing Corporation,

a person whose ownership share in the relevant home does not exceed 5% (a small interest holder), but only if, in a case where there is more than one small interest holder, the total ownership share of all small interest holders in the relevant home does not exceed 5%,

in the case of a home being purchased under a contract entered into under an approved shared equity scheme within the meaning of the Duties Act 1997—a person who is an approved equity partner (within the meaning of that Act) under the contract.