7.3.1 Overview
HPAS replaced the initial purchase element of HPSEA for the first purchase on or after 1 July 2000. HPSEA applies for sale-purchase after the initial payment under HPAS.
7.3.2 Member this Part applies to
In the total workforce system, a member on continuous full-time service may be described as a member in Service category 6 or 7. A member who is in Service category 3, 4 or 5 and Service option C is also on continuous full-time service.
7.3.3 Member this Part does not apply to
In the total workforce system, a member of the Reserves may be described as a member in Service category 2, 3, 4 or 5.
Contents
7.3.6 Definitions
Example for Home (b): Three members buy an equal third share in a home as tenants in common. They rent it when posted out of the home's location. When one of the members returns to the home's location, they are seen to own the home.
Example for Home (c): The member is the sole beneficiary of a trust. Their dependant is the trustee who holds the legal title. The home is still the member's because they have an equitable interest in it.
