First Home Owners Regulations (Amendment) (Cth)

Statutory

Rules1991No. 297 1

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First Home Owners Regulations 2(Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the First Home Owners Act 1983.

 Dated 24 September 1991.

  BILL HAYDEN

 Governor-General

 By His Excellency’s Command,

B. HOWE

Minister of State for Health, Housing

 and Community Services

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1.   Amendment

1.1   The First Home Owners Regulations are amended as set out in these Regulations.

2.   Regulation 4a (Prescribed earnings)

2.1   Paragraph 4a (l):

Omit “or”.

2.2   After paragraph 4a (m), insert:

• “(n)

  if the prescribed date in relation to the applicant is a date later than 30 June 1989 and not later than 30 June 1990 and the relevant year of income in relation to the applicant is the succeeding year of income—the formula

 

; or

• (o)

  if the prescribed date in relation to the applicant is a date later than 30 June 1990 and not later than 21 August 1990 and the relevant year of income in relation to the applicant is the current year of income—the formula

 

;”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 30 September 1991.

 

2. Statutory Rules 1983 No. 208 as amended by 1984 No. 197; 1985 Nos. 39 and 267; 1986 No. 312; 1987 Nos. 68, 240 and 287; 1988 No. 97; 1989 No. 190; 1990 No. 139.