Australian Capital Territory Numbered Acts

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FIRST HOME OWNER GRANT AMENDMENT ACT 2009 (NO 2) (NO. 29 OF 2009) - SECT 4

Amount of grant—certain eligible transactions
Section 24B (1)

substitute

    (1)     The amount of the first home owner grant in relation to an eligible transaction is $7 000 plus––

        (a)     $14 000 if the eligible transaction qualifies for the first home owner boost for new homes under any of the following:

              (i)     section 24C (1) (a);

              (ii)     section 24C (2) (a);

              (iii)     section 24C (2) (b);

              (iv)     section 24C (3) (a) (i);

              (v)     section 24C (4) (a) (i); or

        (b)     $7 000 if the eligible transaction qualifies for the first home owner boost for new homes under any of the following:

              (i)     section 24C (1) (b);

              (ii)     section 24C (2) (c);

              (iii)     section 24C (3) (a) (ii);

              (iv)     section 24C (4) (a) (ii); or

        (c)     $7 000 if the eligible transaction qualifies for the first home owner boost for established homes under section 24D (1) (c) (i); or

        (d)     $3 500 if the eligible transaction qualifies for the first home owner boost for established homes under section 24D (1) (c) (ii).



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