Commonwealth Consolidated Acts

DEFENCE HOME OWNERSHIP ASSISTANCE SCHEME ACT 2008 - SECT 27

Authorisation of initial payment

  (1)   The Secretary must authorise the payment of subsidy to a person if subsidy becomes payable to the person under subsection   28(1).

Note:   An authorisation under this subsection may be revoked under section   44. In certain circumstances related to membership of the Reserves, the authorisation may be varied under section   45.

  (2)   The Secretary:

  (a)   must refuse to authorise the payment of subsidy to a person under subsection   (1) if subsidy has not become payable to the person under subsection   28(1); and

  (b)   despite subsection   (1), may refuse to authorise the payment of subsidy to a person under that subsection if, in relation to a previous entitlement period:

  (i)   the person failed to comply with section   42 (which deals with the disclosure of changes of circumstances); or

  (ii)   the Secretary has revoked an authorisation of the payment of subsidy to the person under section   44.

Note:   Part   5 provides for the administrative review of a decision to refuse to authorise the payment of subsidy.

Authorisation of continuing monthly payments

  (3)   The Secretary must (on a monthly basis) authorise the continued payment of monthly subsidy to a person while subsidy continues to be payable to the person under subsection   28(3).

Note:   Monthly subsidy is paid to the subsidised borrower's loan provider on a monthly basis (by a payment into the borrower's subsidised loan account for the borrower's benefit) under Division   4.

  (4)   The Secretary must refuse to authorise the continued payment of monthly subsidy to a person if subsidy stops being payable to the person under section   36.

Note:   Part   5 provides for the administrative review of a decision to refuse to authorise the continued payment of monthly subsidy.