Federal Register of Legislation - Australian Government

Primary content

Determinations/Other as made
This determination is to set the average house price for the purpose of calculating the monthly subsidy amount for the Defence Home Ownership Assistance Scheme (the Scheme).
Administered by: Defence
Registered 28 Jun 2012
Tabling HistoryDate
Tabled HR14-Aug-2012
Tabled Senate14-Aug-2012
Date of repeal 19 Mar 2014
Repealed by Defence (Spent and Redundant Instruments) Repeal Regulation 2014

Commonwealth Coat of Arms

I, Brian Gary Paule, Director General People Policy and Employment Conditions, Department of Defence, make the following determination under subsection 52 (1) of the Defence Home Ownership Assistance Scheme Act 2008.

Dated 25 June 2012

Brian Gary Paule


1              Name of determination

                This determination is the Defence Home Ownership Assistance Scheme (Average House Price and Median Interest Rate) Amendment Determination 2012 (No. 1).

2              Commencement

                This determination commences on 1 July 2012.

3              Amendment of Defence Home Ownership Assistance Scheme (Average House Price and Median Interest Rate) Determination 2008

                Schedule 1 amends the Defence Home Ownership Assistance Scheme (Average House Price and Median Interest Rate) Determination 2008.


Schedule 1        Amendment

(section 3)

  

[1]           Section 4

substitute

4              Average house price

                For subsection 52 (1) of the Act, the table sets out the average house price for a financial year.

Item

Financial year

Average house price

   1

2008–2009

$467 897

   2

2009–2010

$429 073

   3

2010–2011

$494 432

   4

2011–2012

$508 098

   5

2012–2013

$483 440

 


Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.