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CLAUSE NOTES First Home Owner Grant Amendment Bill 2015 Clause 1 This Act may be cited as the First Home Owner Grant Amendment Act 2015. Clause 2 Describes the Act commencing on 1 July 2015. It makes provision for the Act to commence retrospectively if the Bill does not receive royal assent by this date. Clause 3 In this Act, the First Home Owner Grant Act 2000 is referred to as the Principal Act. Clause 4 Changes the cessation date of the $20 000 grant from 1 July 2015 to 1 January 2016 by amending: section 18C(2)(a) section 18C(2)(b)(ii)(A) section 18C(2)(b)(iii)(A) Clause 5 Repeals this Act one year after it commences, as the amendments are to be incorporated into the First Home Owner Grant Act. Page 1 of 1