Document ID: chunk:federal_register_of_legislation:F2024C01285:reg:29d:p2
Version: federal_register_of_legislation:F2024C01285
Segment Type: reg
Provision Reference: reg 29D (pt 2/2)
Character Range: 91438–92736

the loan; and
 (b) the person does not hold a relevant interest in land; and
 (c) the person is at least 18 years of age and either an Australian citizen or a permanent resident; and
 (d) the person satisfies the income test; and
 (e) the person is single; and
 (f) the person is the legal guardian of at least one dependent child.
 (4) For this section, a person is single if:
 (a) the person does not have a spouse; and
 (b) the person does not have a de facto partner.
 (5) For this section, a person is a dependent child of a second person (the adult) if:
 (a) the adult is a natural or adoptive parent of the person; and
 (b) either:
 (i) the person is a dependent child of the adult within the meaning of subsections (2), (3), (4), (5), (6) and (7) of section 5 of the Social Security Act 1991; or
 (ii) the person:
 (B) is in receipt of a disability support pension within the meaning of the Social Security Act 1991; and
 (C) lives with the adult.
 (6) For this section, a relevant interest in land is:
 (a) a lease of land in Australia (including a renewal or extension of such a lease) as described in paragraph 104-115(1)(b) of the Income Tax Assessment Act 1997; or
 (b) a company title interest (within the meaning of Part X of the Income Tax Assessment Act 1936) in land in Australia.