Northern Territory Consolidated Acts

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FIRST HOME OWNER GRANT ACT - SECT 13E

Amount of grant for special eligible transactions

    (1)     The amount of a first home owner grant for a special eligible transaction is the lesser of the following:

        (a)     the amount of the consideration actually paid for the transaction;

        (b)     the boost scheme amount.

    (2)     In determining the amount of a first home owner grant for a special eligible transaction, subsection (1) applies instead of and not in addition to sections 18 and 18A.



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