Commonwealth Consolidated Acts

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DEFENCE HOME OWNERSHIP ASSISTANCE SCHEME ACT 2008 - SECT 29

When subsidy becomes payable--eligibility and service credits

    The following conditions must be met:

  (a)   a subsidy certificate held by the subsidised borrower must be in force;

  (b)   the subsidised borrower must have a service credit under section   46.

Note:   Immediately after the first authorisation day for the subsidy, the subsidy certificate stops being in force (see section   22). If subsidy stops being payable (under section   36), the subsidised borrower can only again become entitled to subsidy under this Division if he or she is given a new subsidy certificate.



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