Document ID: chunk:federal_register_of_legislation:C2025C00096:section:25:p2
Version: federal_register_of_legislation:C2025C00096
Segment Type: section
Provision Reference: s 25 (pt 2/2)
Character Range: 103077–104382

case requires).
 (2) Where an initial advance is made to 2 or more persons jointly (being persons included in paragraph (b) or (d) of the definition of Australian Soldier in section 4) in relation to a house or building used or to be used as a hospital, sanatorium or nursing‑home, the Secretary may determine a maximum amount under paragraph (1)(a) that is more than $25,000 but shall not determine a maximum amount that is more than the sum of the maximum amounts that could have been determined if the advance had been made to each of those persons separately.
 (3) Where subsidy is payable for a specified portfolio asset which vests in the Bank under section 6B, the maximum amount in respect of which subsidy is payable is an amount equal to the amount of the outstanding balance under the specified portfolio asset as at the relevant vesting date.
 (4) Where the outstanding balance of a specified portfolio asset which vests in the Bank under section 6B, or of a subsidised advance, increases as a result of a grant of instalment relief to the purchaser or borrower, the maximum amount in respect of which subsidy is payable for that specified portfolio asset or subsidised advance shall be taken to have been increased by an amount equal to the amount of the increase of that outstanding balance.