Money may be advanced or paid for certain purposes
26 Money may be advanced or paid for certain purposes
For carrying out a prescribed housing assistance scheme, the Chief Executive Officer (Housing) may, on such terms and conditions as the Treasurer thinks fit (including a condition that the money need not be repaid or refunded to the Chief Executive Officer (Housing)), advance money to, or pay money on behalf of, a person to whom such a scheme relates to enable the person to do one or more of the following:
to erect a house on land owned or leased by the person;
(b) to purchase land or a lease of land and erect a house on the land;
(c) to purchase land on which a house is erected or a lease of such land;
to purchase a dwelling;
to complete a partially erected house owned by the person;
to repair a damaged house owned by the person;
to modify a house owned by the person;
(h) to purchase land or a lease of land on which is situated a partially erected or damaged house and complete the erection or repair of the house;
to exchange a house owned by the person;
(k) to discharge a mortgage, charge or encumbrance already existing on land or a lease of land.
This Act’s bill:Second reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.