AustLII Tasmanian Numbered Regulations

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HOMEBUILDER GRANTS (AMENDMENT OF ACT) ORDER 2020 (S.R. 2020, NO. 83) - REG 14

Section 18 amended (Eligible transaction for Commonwealth HomeBuilder grant)

Section 18(1)(b) of the Principal Act is amended by omitting subparagraph (ii) and substituting the following subparagraph:
(ii) held such a licence on –
(A) if the relevant contract was entered into before 29 November 2020, 4 June 2020; or
(B) if the relevant contract was entered into on or after 29 November 2020 but before 1 April 2021, 29 November 2020; and

Displayed and numbered in accordance with the Rules Publication Act 1953 .

Notified in the Gazette on 15 December 2020

This order is administered in the Department of Treasury and Finance.

EXPLANATORY NOTE

(This note is not part of the order)

This order amends the HomeBuilder Grants Act 2020 , to ensure that that Act is consistent with the National Partnership, by –
(a) extending the application of both HomeBuilder schemes under that Act until 31 March 2021; and
(b) reducing the Commonwealth HomeBuilder grant from 1 January 2021 to $15 000; and
(c) extending the period during which relevant construction is required to commence under the Act; and
(d) making other minor legislative changes to reflect the extension of the schemes.


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