New South Wales Consolidated Acts

HOUSING ACT 2001 - SECT 9

9 Functions of the Corporation relating to home purchase assistance

(cf Act No 15, 1993, s 13)

(1) The Corporation has the following functions:

(a) to develop policies for home purchase assistance and to make recommendations to the Minister on such matters,

(b) to manage such existing and future home purchase assistance schemes as are from time to time directed by the Minister.

(2) Without limiting the generality of subsection (1), the Corporation has the following functions:

(a) to determine guidelines for the eligibility of applicants for home purchase assistance,

(b) to determine the terms and conditions of loans or other assistance to those applicants,

(c) to advertise and market home purchase assistance,

(d) to provide information to the public on home purchase and home purchase assistance,

(e) to make loans or grants or give other financial assistance, with or without security, to eligible applicants,

(f) to manage loans, including to collect repayments and arrears and realise securities,

(g) to manage the Housing Reserve Fund and any contingency fund in relation to home purchase assistance, as directed by the Minister.