Victorian Consolidated Legislation

First Home Owner Grant Act 2000 - SECT 12

Criterion 5-Residence requirement

12. Criterion 5-Residence requirement



(1) An applicant for a first home owner grant must occupy the home to which
the application relates as the applicant's principal place of residence for a
continuous period of at least 6 months (or the lesser period approved by the
Commissioner) commencing within the 12 month period immediately after
completion of the eligible transaction or within a longer period approved by
the Commissioner.

(2) The Commissioner may approve a lesser period of occupation under
subsection (1) if the Commissioner is satisfied that there are good reasons
why the applicant cannot comply with the requirement to occupy the home for 6
months.

(3) If an application is made by joint applicants and at least one (but not
all) of the applicants complies with the residence requirement, the
non-complying applicant or applicants are exempted from compliance with the
residence requirement.

Division 3-Eligible transactions