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DUTIES ACT 1997 - SECT 73A Application of eligibility criteria to joint purchasers and transferees

DUTIES ACT 1997 - SECT 73A

Application of eligibility criteria to joint purchasers and transferees

73A Application of eligibility criteria to joint purchasers and transferees

(1) If there is more than one purchaser or transferee under an agreement or transfer, they may apply under the scheme, but the agreement or transfer will be eligible under the scheme only if all of the purchasers or transferees are eligible under the scheme.
(2) If the agreement or transfer is entered into, or occurs, under an approved shared equity scheme, it does not matter that the approved equity partners are not eligible under the scheme, as long as the other purchasers or transferees are eligible.
(3) This section does not affect section 78B.