South Australian Consolidated Acts

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FIRST HOME OWNER GRANT ACT 2000 - SECT 18C

18C—Amount of grant must not exceed consideration

If, by virtue of an additional payment under section 18(2) or a first home bonus grant under section 18B, 18BA or 18BAB, the total amount payable to an applicant for a first home owner grant would, but for this section, exceed the consideration for the eligible transaction, the additional payment or the first home bonus grant will, as determined by the Commissioner, be adjusted so that the total amount payable to the applicant is equal to the amount of the consideration.



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