Commonwealth Numbered Acts

HOMES SAVINGS GRANTS ACT 1976 No. 183 of 1976 - SECT 18

18. (1) A grant in respect of a dwelling-house 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-house 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-house, being a contract that provided for payment of the
        purchase price or part of the purchase price by instalments.

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