Limits on Help to Buy Program Directions
26 Limits on Help to Buy Program Directions
The Minister must not give a direction under subsection 24(1) that is inconsistent with this Act (including the object of this Act) or the Housing Australia Act 2018 (including the object of that Act).
The Minister must not give a direction under paragraph 24(1)(a) that has the purpose, or has or is likely to have the effect, of directly or indirectly requiring the Board or Housing Australia:
to enter into a particular Help to Buy arrangement; or
to enter into a Help to Buy arrangement in relation to a particular residential property; or
to enter into a Help to Buy arrangement with a particular individual or individuals; or
to take, or not to take, particular action relating to a Help to Buy arrangement.
This Act’s bill:Explanatory memorandumSecond reading speech
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