Commonwealth Consolidated Regulations

NATIONAL RENTAL AFFORDABILITY SCHEME REGULATIONS 2008 - REG 19

         (1)   In this regulation:

                (a)    a reference to the tenants of an approved rental dwelling is a reference to a particular person or persons who are tenants of the dwelling; and

               (b)    the day on which those tenants become tenants of the dwelling is their start day ; and

                (c)    the 12 month period beginning on their start day or an anniversary of their start day is an eligibility year for those tenants; and

               (d)    adult means:

                          (i)    a person 18 years of age or older; or

                         (ii)    a person under 18 years of age living independently outside of the family home and who is not financially dependant on an eligible tenant; and

                (e)    child means a person under 18 years of age who is financially dependant on an eligible tenant.

         (2)   For these Regulations, the tenants of an approved rental dwelling become eligible tenants on their start date if their combined gross income for the 12 months ending on the day before the start date does not exceed the income limit for their household as set out in this regulation.

         (3)   Eligible tenants cease to be eligible tenants if:

                (a)    they cease to be tenants of an approved rental dwelling; or

               (b)    their combined gross income exceeds the income limit for their household by 25% or more in 2 consecutive eligibility years.

         (4)   The income limits for a household are:

                (a)    if a household does not include a sole parent:

                          (i)    $40 501 for the first adult; and

                         (ii)    $15 490 for each additional adult; and

                        (iii)    $13 432 for each child; or

               (b)    if a household includes a sole parent:

                          (i)    $42 599 for the first sole parent; and

                         (ii)    $15 490 for each additional adult; and

                        (iii)    $13 432 for each child.

      (4A)   For this regulation:

                (a)    each subsidiary dwelling that forms part of an approved rental dwelling may only include 1 household; and

               (b)    an approved rental dwelling, other than an approved rental dwelling mentioned in paragraph (a), may only include 1 household; and

                (c)    the combined gross incomes of the tenants in a subsidiary dwelling must be considered in assessing the household income for that subsidiary dwelling.

         (5)   The income limits mentioned in subregulation (4), for a household for each subsequent year beginning 1 May, are the amounts for the previous year indexed in accordance with the NRAS tenant income index, rounded to the next whole dollar.

         (6)   The Secretary may, by legislative instrument, change from time to time, any or all of the income limits mentioned in subregulation (4).