Document ID: chunk:federal_register_of_legislation:F2024C01285:reg:29ia:p3
Version: federal_register_of_legislation:F2024C01285
Segment Type: reg
Provision Reference: reg 29IA (pt 3/3)
Character Range: 107267–108614

eligible lender; and
 (c) whether the unissued guarantees are reserved, or lapsed or expired; and
 (d) the details of any guarantees to which subsection (5) applies; and
 (e) any other information requested in writing by the Minister.

Counting of New Home Guarantees
 (10) For the purposes of this section:
 (a) subject to subsection (11), a New Home Guarantee is issued in the financial year during which its issue is approved by Housing Australia, even if the arrangement relating to the guarantee is entered into in a later financial year; and
 (b) a New Home Guarantee issued in relation to a loan that satisfies subsection 29C(4) is disregarded.
 (11) Paragraph (10)(a) does not apply to unissued guarantees that are the subject of a determination under subsection (4).

Guarantees may not be rolled over other than under subsection (4)
 (12) To avoid doubt, unissued New Home Guarantees from the 2020-21 financial year may not be rolled over to the 2021-22 financial year, other than as determined by the Minister under subsection (4)
 (12A) To avoid doubt, unissued New Home Guarantees from the 2021-22 financial year may not be rolled over to the 2022-23 financial year.

New Home Guarantees cannot be issued after the 2021-22 financial year
 (13) Housing Australia must not issue any New Home Guarantees after the 2021-22 financial year.