Commonwealth Consolidated Acts

DEFENCE FORCE (HOME LOANS ASSISTANCE) ACT 1990 - SECT 21

             (1)  Subject to this Part, the amount on which subsidy is payable is:

                     (a)  the advanced amount; or

                     (b)  $80,000;

whichever is less.

             (2)  If:

                     (a)  a person obtains an advanced amount of less than $80,000; and

                     (b)  the person later borrows a further amount by increasing that amount; and

                     (c)  the payment of subsidy in respect of the increase is approved under section 15;

then, subject to this Part, the amount on which subsidy is payable is:

                     (d)  the total of the borrowed amounts; or

                     (e)  $80,000;

whichever is less.