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First Home Owners Act 1983 No. 46 of 1983 - SECT 17 Assistance not payable unless certain conditions satisfied

First Home Owners Act 1983 No. 46 of 1983 - SECT 17

Assistance not payable unless certain conditions satisfied

17. (1) Assistance shall not be paid in respect of a dwelling in relation to
which paragraph 14 (1) (c) applies unless the dwelling has been completed or
the Secretary is satisfied that substantial progress on the construction-

   (a)  has been made; or

   (b)  is likely to be made within a reasonable time.

(2) Assistance shall not be paid in respect of a dwelling unless the Secretary
is satisfied that the applicant has or will have, or the applicants have or
will have, adequate financial resources (including resources obtained or to be
obtained by borrowing) to perform in relation to the dwelling the contract
referred to in paragraph 14 (1) (a) or (b), or to complete the construction
referred to in paragraph 14 (1) (c), as the case may be.

(3) Sub-section (2) does not apply in relation to a contract for the purchase
of a dwelling, being a contract that provides for the payment of the whole or
part of the purchase price by instalments, if the Secretary is satisfied that
it would be unreasonable for that sub-section to apply having regard to all
the circumstances.

(4) Assistance shall not be paid to a sole applicant or to joint applicants
unless the sole applicant or at least one of the joint applicants is-

   (a)  an Australian citizen; or

   (b)  a person who has been granted, or who is included in, an entry permit
        (other than a temporary entry permit) under the Migration Act 1958,
        being an entry permit that is in force; or

   (c)  a person to whom Division 1 of Part II of the Migration Act 1958 does
        not apply by virtue of the operation of sub-section 8 (1) of that Act,
        being a person who the Secretary is satisfied is likely to remain
        permanently in Australia.