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ACT Eligibility of First Home Owners Grant - Statute of Limitations?

Discussion in 'Property Law Forum' started by Nic33, 18 March 2016.

  1. Nic33

    Nic33 Member

    18 March 2016
    Likes Received:
    My partner has just been notified he is under investigation to determine whether he was eligible to receive the first home owners grant. Basically due to many issues, he did not live in his home within the first 12 months of purchase and as a result breached the rules of the grant. This was over 7 years ago.

    Does anyone know whether a statute of limitations applies to this scenario?
  2. Sophea

    Sophea Guest

    Not sure exactly of what limitations may or may not apply here, but by analogy, the standard period for the ATO to amend an assessment is four years but if it considers there has been fraud or evasion there is no time limit on the ATO. Similarly there is no statute of limitations that apply to recovering hecs debts so it seems that the government may have a fair bit of leeway to investigate these things years on.

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