HOME DEPOSIT ASSISTANCE REGULATIONS
Compilation Information

Home Deposit Assistance Regulations
Statutory Rules 1982 No. 205 as amended
made under the
Home Deposit Assistance Act 1982
This compilation was prepared on 25 January 2001
taking into account amendments up to SR 1984 No. 196
Prepared by the Office of Legislative Drafting,
Attorney-General's Department, Canberra
HOME DEPOSIT ASSISTANCE REGULATIONS
- REG 1
Citation [see Note 1]
These Regulations may be cited as the Home Deposit Assistance Regulations.
HOME DEPOSIT ASSISTANCE REGULATIONS
- REG 2
Interpretation
In these Regulations the Act means the Home Deposit Assistance Act 1982.
HOME DEPOSIT ASSISTANCE REGULATIONS
- REG 3
Prescribed earnings
For the purposes of subsection 33 (2) of the Act, the sum referred to in paragraph 33 (1) (b) shall be adjusted by deducting from it an amount calculated in accordance with the following formula:
where:
a is the taxable income of any applicant, or the sum of the taxable incomes of any applicants, in relation to whom a direction or directions, as the case may be, has or have been given under subsection 37 (1) of the Act;
b is 24, 300; and
c is 25, 900.
HOME DEPOSIT ASSISTANCE REGULATIONS
- REG 4
Relevant amounts for the purposes of subsection 39 (4) of the
Act
For the purposes of subsection 39 (4) of the Act:
- (a)
- the lower relevant amount under subsection 39 (5) is $24,300; and
- (b)
- the higher relevant amount under subsection 39 (5) is $27,900.
HOME DEPOSIT ASSISTANCE REGULATIONS
- REG 5
Application
- (1)
- Regulation 3 applies to and in relation to an application for a grant under the Act by an applicant, or by applicants, in relation to whom the date that is the prescribed date for the purposes of the Act is a date later than 17 March 1982 and not later than 30 June 1982.
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- (2)
- Regulation 4 applies to and in relation to an application for a grant under the Act by an applicant, or by applicants:
- (a)
- in the case of an applicant or applicants to whom a direction has been given under subsection 37 (1) of the Act in relation to whom the prescribed date for the purposes of the Act is a date later than 17 March 1982 and not later than 30 June 1982; and
- (b)
- in any other case in relation to whom the date is the prescribed date for the purposes of the Act is a date later than 30 June 1982.
HOME DEPOSIT ASSISTANCE REGULATIONS
- Note 1
Notes to the Home Deposit Assistance Regulations
Note 1
The Home Deposit Assistance Regulations (in force under the Home Deposit Assistance Act 1982) as shown in this compilation comprise Statutory Rules 1982 No. 205 amended as indicated in the Tables below.
Table of Statutory Rules
Year and number
| Date of notification in Gazette
| Date of commencement
| Application, saving or transitional provisions
|
1982 No. 205
| 31 Aug 1982
| 31 Aug 1982
|
|
1983 No. 134
| 5 Aug 1983
| 5 Aug 1983
| R. 5
|
1984 No. 196
| 22 Aug 1984
| 22 Aug 1984
| R. 2
|
Table of Amendments
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted
|
Provision affected
| How affected
|
R. 3
| am. 1983 No.134; 1984 No. 196
|
R. 4, 5
| rep. 1983 No. 134
|