Commonwealth Numbered Acts

Home Deposit Assistance Act 1982 No. 40 of 1982 - SECT 18

18. (1) A grant in respect of a dwelling shall not be made to a sole applicant
if the applicant has, or to joint applicants if any of the joint applicants
has or have, before the prescribed date, (whether alone or together with
another person or other persons)-

   (a)  owned another dwelling in Australia; or

   (b)  been a party to a contract, other than a contract that was discharged
        (otherwise than by performance of the contract) before the expiration
        of 3 months after it was entered into, for the purchase of another
        dwelling, being a contract that provided for payment of the whole or
        part of the purchase price by instalments.

(2) Sub-section (1) does not apply in relation to the ownership of a dwelling,
or the entering into of a contract for the purchase of a dwelling, by a person
or persons if the Secretary is satisfied that it would be unreasonable to
regard that dwelling as the principal place of residence of the person or of
those persons.