Summary
Amends the
Defence Home Ownership Assistance Scheme Act 2008
to: remove the post-separation timeframe for accessing the Defence Home Ownership Assistance Scheme; reduce the qualifying service periods for initial access to the scheme and the minimum service periods for each subsidy tier; provide for subsidised borrowers to continue to access the scheme in circumstances where a genuine error, mistake or accident has occurred that would otherwise amount to a subsidy ceasing event; and provide a power to make and recover payments, including overpayments, which may occur in the administration of the scheme.