Page 5486 - Week 13 - Tuesday, 16 November 2010

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Schedules of amendments

Schedule 1

First Home Owner Grant Amendment Bill 2010

Amendment moved by the Treasurer

1

Clause 5

Proposed new section 10 (2)

Page 2, line 25—

omit proposed new section 10 (2), substitute

(2) However, the applicant is not ineligible if—

(a) for an application that relates to an eligible transaction with a commencement date before 1 January 2011—the grant was later paid back under the conditions on which the grant was made; or

(b) for an application that relates to an eligible transaction with a commencement date on or after 1 January 2011—

(i) the grant was later paid back; and

(ii) any amount payable as a penalty or as interest was also paid in relation to the earlier application.

Schedule 2

First Home Owner Grant Amendment Bill 2010

Amendment moved by Ms Hunter

1

Clause 7

Proposed new section 13A (2) (a)

Page 3, line 19—

omit proposed new section 13A (2) (a), substitute

(a) $550 000; or

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