Document ID: chunk:federal_register_of_legislation:C2025C00096:section:21a
Version: federal_register_of_legislation:C2025C00096
Segment Type: section
Provision Reference: s 21A
Character Range: 76049–77596

21A  Criteria for issue of certificate of entitlement: home support advances
  The Secretary must not issue a certificate of entitlement in relation to subsidy on a home support advance that a person may seek from a credit provider unless the Secretary is satisfied that:
 (a) the person is an eligible person (disregarding subsection 4(2C)) or is an eligible veteran; and
 (b) either:
 (i) the person is the owner of a dwelling‑house; or
 (ii) the person has a right of residence in a retirement village; and
 (c) the advance is for a purpose related to the dwelling‑house or the right of residence in the retirement village (other than for a purpose mentioned in paragraph 18(2)(a), (b), (c), (d), (f), (h) or (k)) that will assist the person to remain independently housed; and
 (d) if a certificate of entitlement has been issued to the person in relation to an initial advance, an additional advance or a further advance—an advance has been made by the credit provider in accordance with the certificate or an advance that would be in accordance with the certificate has been refused by the credit provider; and
 (e) if the person is liable to pay the outstanding amount of any one or more of the following:
 (i) an initial advance;
 (ii) an additional advance;
 (iii) a further advance;
  the sum of those outstanding amounts is less than $10,000; and
 (f) a certificate of entitlement that relates to an initial advance, an additional advance or a further advance could not be issued to the person in respect of the application concerned.