Section 18(2) of the Principal Act is amended by omitting paragraph (b) and substituting the following paragraphs:

(ac) if the first home owner grant relates to an eligible transaction that satisfies section 18C , the amount is $20 000; or

(b) if the first home owner grant relates to an eligible transaction that does not satisfy section 18A , 18B or 18C , the amount is –

(i) if the eligible transaction commenced on or before 30 June 2015, $7 000; and

(ii) if the eligible transaction commenced on or after 1 July 2015, $10 000.