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Defence Home Ownership Assistance Scheme (Average House Price and Median Interest Rate) Amendment Determination 2012 (No. 1)

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Defence Home Ownership Assistance Scheme (Average House Price and Median Interest Rate) Amendment Determination 2012 (No. 1)1
Defence Home Ownership Assistance Scheme Act 2008
I, Brian Gary Paule, Director General People Policy and Employment Conditions, Department of Defence, make the following determination under subsection 52 (1) of the Defence Home Ownership Assistance Scheme Act 2008.
Dated 25 June 2012
Brian Gary Paule
Director General People Policy and Employment Conditions
1              Name of determination
                This determination is the Defence Home Ownership Assistance Scheme (Average House Price and Median Interest Rate) Amendment Determination 2012 (No. 1).
2              Commencement
                This determination commences on 1 July 2012.
3              Amendment of Defence Home Ownership Assistance Scheme (Average House Price and Median Interest Rate) Determination 2008
                Schedule 1 amends the Defence Home Ownership Assistance Scheme (Average House Price and Median Interest Rate) Determination 2008.
Schedule 1        Amendment
(section 3)
  
[1]           Section 4
substitute
4              Average house price
                For subsection 52 (1) of the Act, the table sets out the average house price for a financial year.
Item
Financial year
Average house price

   1
2008–2009
$467 897

   2
2009–2010
$429 073

   3
2010–2011
$494 432

   4
2011–2012
$508 098

   5
2012–2013
$483 440

 
Note
1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.