Commonwealth Numbered Acts

DEFENCE FORCE (HOME LOANS ASSISTANCE) ACT 1990 No. 14 of 1991 - SECT 23

23. (1) Subject to this Part, subsidy is payable on a subsidised loan to an
eligible person while the person remains entitled to a subsidy period.

(2) An eligible person is at any particular time entitled to a subsidy period,
being a period that at that time equals the person's entitlement period less
the person's used subsidy period (if any).

(3) In this section:

"entitlement period" means:

   (a)  in relation to a member (other than an operational service member or a
        rejoining member):

   (i)  the number of completed years of effective full-time service served by
        the member after completing his or her basic service period; or

   (ii) 20 years; whichever is less; or

   (b)  in relation to an operational service member:

   (i)  the number of completed years of effective full-time service served by
        the member; or

   (ii) 20 years; whichever is less; or

   (c)  in relation to a rejoining member who is a subsidised borrower 2 years
        after the day on which his or her resignation, retirement or discharge
        from the Defence Force took effect:

   (i)  the number of completed years of effective full-time service served by
        the person after completing the basic service period (if any) that
        last applied to the person before he or she became a rejoining member;
        or

   (ii) 20 years; whichever is less; or

   (d)  in relation to a rejoining member, other than a rejoining member
        covered by paragraph (c):

   (i)  the period equal to the number of completed years of effective
        full-time service served by the person:

                (A)  after he or she became a rejoining member; and

                (B)  after completing the basic service period (if any) that
                     last applied to the person before he or she became a
                     rejoining member; plus the total period (if any) during
                     which subsidy was paid on any subsidised loan to the
                     person before he or she became a rejoining member; or

   (ii) 20 years; whichever is less; or

   (e)  in relation to an incapacitated person:

   (i)  the number of completed years of effective full-time service served by
        the person; or

   (ii) 10 years; whichever is less; or

   (f)  in relation to any other eligible person who is not a member:

   (i)  the number of completed years of effective full-time service served by
        the person after completing the basic service period (if any) that
        last applied to the person before the day on which his or her
        resignation, retirement or discharge from the Defence Force took
        effect; or

   (ii) 20 years; whichever is less;

"used subsidy period", in relation to a person, means the total period during
which subsidy has been paid on any subsidised loan to the person.