Commonwealth Numbered Acts

First Home Owners Act 1983 No. 46 of 1983 - SECT 19

19. (1) For the purposes of this Act, the amount of the prescribed earnings of
a sole applicant or of joint applicants is-

   (a)  in the case of a sole applicant-the amount of the taxable income of
        the applicant for the relevant year of income; or

   (b)  in the case of joint applicants-the sum of the amounts of the taxable
        income of each applicant for the relevant year of income in relation
        to that applicant.

(2) For the purposes of sub-section (1), in relation to an applicant in
relation to whom a direction is in force under section 22, the amount of the
taxable income of the applicant for the relevant year of income is that amount
as reduced in accordance with the regulations.