Document ID: chunk:federal_register_of_legislation:C2025C00127:section:15
Version: federal_register_of_legislation:C2025C00127
Segment Type: section
Provision Reference: s 15
Character Range: 16413–17496

15  Help to Buy functions of Housing Australia—cooperating States

Functions
 (1) Housing Australia has the following functions under this Act:
 (a) to administer, on behalf of the Commonwealth, Help to Buy arrangements that:
 (i) relate to residential property located in a cooperating State; and
 (ii) were entered into before the State stopped being a participating State;
 (b) to monitor compliance with such arrangements;
 (c) any other functions conferred on Housing Australia by this Act (disregarding sections 10 and 20), to the extent that they relate to a cooperating State;
 (d) any other functions, relating to a cooperating State, prescribed by the regulations for the purposes of this paragraph;
 (e) to do anything incidental or conducive to the performance of the above functions.

Obligation to act properly, efficiently and effectively etc.
 (2) In performing a function mentioned in subsection (1), Housing Australia must:
 (a) act in a proper, efficient and effective manner; and
 (b) take all reasonable steps to comply with the Help to Buy Program Directions.