Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) Despite sections 10(2) and 11(4), an applicant is ineligible for a first home owner grant if:
(a) the applicant or applicant's spouse or de facto partner was paid a grant on an earlier application under this Act or a corresponding law for a home used as the residence of the applicant, applicant's spouse or de facto partner; and
(b) that transaction is not an eligible transaction under:
(i) section 13AA(1)(b), (c), (d) or (e) because the threshold amount is exceeded; or
(ii) an equivalent provision of a corresponding law because the threshold amount (however described) under that law is exceeded (regardless of whether the amount under that law is the same as under this Act).
Note for subsection (1)
Under section 41, an applicant is required to repay a grant if the unencumbered value or consideration for the transaction results in it not being an eligible transaction.
(2) Subsection (1) applies even if the applicant, applicant's spouse or de facto partner:
(a) repaid the amount of the grant; and
(b) paid any penalty or interest in relation to the earlier application.