Building Boost Grant Bill 2011 Building Boost Grant Bill 2011 Amendments agreed to during Consideration 1 Clause 18 (Transactions that are not eligible transactions) Page 20, lines 28 to 30 and page 21, lines 1 to 3— omit, insert— '(d) a legally binding arrangement made on or after 14 June 2011 for which the sole or main purpose is to defer the transaction commencement day for a home purchase contract or home building contract to 1 August 2011 ora later day before 1 February 2012 (the post-eligibility period), including, for example—'. 2 Clause 18 (Transactions that are not eligible transactions) Page 21, lines 4 and 5, from 'terminating' to 'contract' — omit, insert— 'terminating a home purchase or building contract made before 1 August 2011'. 3 Clause 18 (Transactions that are not eligible transactions) Page 21, line 9, 'in the pre-eligibility period' — omit, insert— 'before 1 August 2011'. Page 1 Building Boost Grant Bill 2011 Page 2 Clause 35 (Contravention of consideration requirement on completion) Page 34, lines 23 to 25— omit, insert— '(3) The applicant for the grant is required within 28 days after completion of the relevant transaction to—'. Clause 35 (Contravention of consideration requirement on completion) Page 34, line 29— omit, insert— '(4) The applicant must not contravene the requirement under subsection (3) unless the applicant has a reasonable excuse. Maximum penalty—40 penalty units.'. Clause 35 (Contravention of consideration requirement on completion) Page 35, line 1, '(4)'— omit, insert— 'Sy'. Clause 36 (Contravention of occupancy requirement) Page 35, lines 10 and 11— omit, insert— 'the applicant is required within 14 days after the relevant day to—'. Clause 36 (Contravention of occupancy requirement) Page 35, line 15— omit, insert— Building Boost Grant Bill 2011 '(3) The applicant must not contravene the requirement under subsection (2) unless the applicant has a reasonable excuse. Maximum penalty—40 penalty units.'. Clause 36 (Contravention of occupancy requirement) Page 35, line 16, '(3)'— omit, insert— "(4)'. Clause 36 (Contravention of occupancy requirement) Page 35, line 19, '(4)'— omit, insert— 'Sy'. Clause 38 (Repayment notice) Page 36, line 14, '35(3), 36(2) or 37(2)'— omit, insert— *35(3) or 36(2) or a repayment requirement'. Clause 84 (Commissioner may impose penalty) Page 61, line 16, '35(3), 36(2) or 37(2)'— omit, insert— *35(3) or 36(2) or a repayment requirement'. Clause 85 (Recovery of wrongly paid amounts) Page 62, line 19, '35(3), 36(2) or 37(2)'— omit, insert— *35(3) or 36(2) or a repayment requirement'. Page 3 Building Boost Grant Bill 2011 Page 4 Clause 93 (Court may order repayment etc.) Page 67, lines 29 and 30, from 'the person' to *36(2)'— omit, insert— 'a court convicts the person of an offence against section 35(4), 36(3)'. Clause 93 (Court may order repayment etc.) Page 68, line 3, 'contravention' — omit, insert— 'offence'. Clause 110 (Liability to repay for contravention of consideration requirement) Page 76, line 18, '35(3)'— omit, insert— *35(4)'. Clause 110 (Liability to repay for contravention of consideration requirement) Page 76, line 20— omit, insert— '(3) The applicant is required within 28 days after assent to—'. Clause 110 (Liability to repay for contravention of consideration requirement) Page 76, line 24— omit, insert— '(4) The applicant must not contravene the requirement under subsection (3) unless the applicant has a reasonable excuse. Maximum penalty—40 penalty units.'. Building Boost Grant Bill 2011 Clause 110 (Liability to repay for contravention of consideration requirement) Page 76, line 25, '(4)'— omit, insert— "(5)'. Clause 111 (Liability to repay for contravention of occupancy requirement) Page 77, line 10, '36(2)'— omit, insert— "36(3)'. Clause 111 (Liability to repay for contravention of occupancy requirement) Page 77, line 12— omit, insert— '(3) The applicant is required within 28 days after assent to—'. Clause 111 (Liability to repay for contravention of occupancy requirement) Page 77, line 15— omit, insert— '(4) The applicant must not contravene the requirement under subsection (3) unless the applicant has a reasonable excuse. Maximum penalty—40 penalty units.'. Clause 111 (Liability to repay for contravention of occupancy requirement) Page 77, line 16, '(4)'— omit, insert— "(5)'. Page 5 Building Boost Grant Bill 2011 24 Clause 112 (Liability to repay for contravention of repayment requirement) Page 78, line 2— omit, insert— '(3) The applicant is required within 28 days after assent to—'. 25 Clause 112 (Liability to repay for contravention of repayment requirement) Page 78, line 5— omit, insert— '(4) The applicant must not contravene the requirement under subsection (3) unless the applicant has a reasonable excuse. Maximum penalty—40 penalty units.'. 26 Clause 112 (Liability to repay for contravention of repayment requirement) Page 78, line 6, '(4)'— omit, insert— "(5)'. 27 Clause 113 (Requirement to correct false or misleading information) Page 78, lines 26 and 27— omit, insert— '(2) The person is required within 28 days after assent to give the commissioner—'. 28 Clause 113 (Requirement to correct false or misleading information) Page 79, line 2— omit, insert— Page 6 Building Boost Grant Bill 2011 '(3) The person must not contravene the requirement under subsection (2) unless the person has a reasonable excuse. Maximum penalty—40 penalty units.'. © State of Queensland 2011 Page 7