Document ID: chunk:federal_register_of_legislation:F2024C00941:reg:65
Version: federal_register_of_legislation:F2024C00941
Segment Type: reg
Provision Reference: reg 65
Character Range: 85725–86632

65  Incentives or State or Territory contributions not to be withheld or refused if investor fails or refuses to accept other services
 (1) This section applies if:
 (a) an approved participant is required to pass on all or part of an incentive or State or Territory contribution to an investor under an arrangement; and
 (b) the arrangement is expressed to be subject to a term that the investor must use a tenancy management service (or any similar, or other, service) that is provided by the approved participant or another person specified by the approved participant; and
 (c) the investor fails, or refuses, to use the service.
 (2) The approved participant:
 (a) must comply with the requirement to pass on the incentive or contribution as if the term were not included in the arrangement; and
 (b) must not terminate the arrangement only because the investor fails, or refuses, to use the service.