Commonwealth Numbered Acts

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FIRST HOME SAVER ACCOUNTS ACT 2008 (NO. 44, 2008) - SECT 29

Account balance cap

                   The account balance cap for the 2008‑09 financial year is $75,000. This amount is indexed annually.

Note:          Section 30 shows how to index this cap. However, the cap only moves by increments of $5,000.



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