Victorian Consolidated Legislation

First Home Owner Grant Act 2000 - SECT 20

Payment in anticipation of compliance with residence requirement

20. Payment in anticipation of compliance with residence requirement



(1) The Commissioner may authorise the payment of a first home owner grant in
anticipation of compliance with the residence requirement if the Commissioner
is satisfied that each applicant who is required to comply but has not yet
complied with the residence requirement, intends to occupy the home as his or
her principal place of residence for a continuous period of at least 6 months
commencing within the 12 month period immediately after completion of the
eligible transaction or within a longer period allowed by the Commissioner.

(2) If a first home owner grant is paid in anticipation of compliance with the
residence requirement, the payment is made on condition that, if the residence
requirement is not complied with, the applicant must within 14 days after the
end of the period allowed for compliance-

   (a)  give written notice of that fact to the Commissioner; and

   (b)  repay the amount of the grant.

(3) A person must comply with the condition imposed by subsection (2).

Penalty: 60 penalty units.