Rural and Regional Adjustment Regulation 2011

The maximum amount of financial assistance available under the scheme for home raising works is—

for category A works—the full cost of the works subject to a 50% contribution from the applicant to the extent the works cost more than $150,000; or

for category B works—$150,000; or

for category C works—$50,000.

However, financial assistance is available under the scheme for home raising works only if the report for the eligible home assessment mentioned in section 6(1)(d) states that it is practicable to raise the eligible home.

Home raising works for an eligible home are category A works if the habitable floor level of the home is below—

the flood hazard level that applies to the home; and

the flood event level that applies to the home.

Home raising works for an eligible home are category B works if category A does not apply but the habitable floor level of the home is below—

the flood hazard level that applies to the home; or

the flood event level that applies to the home.

Home raising works for an eligible home are category C works if the works are not category A works or category B works.

sch 44 s 5B ins 2023 SL No. 184 s 6