7.3.16 Purpose
7.3.17 Basis
7.3.19 Conditions of eligibility – sale
Section 7.3.29 explains what happens when this home is at a previous posting location and the member is posted back to that location.
Section 7.3.23 provides the time limits for the sale and purchase of a home.
7.3.20 Conditions of eligibility – purchase
7.3.21 Members not eligible
In the total workforce system, continuous full-time service may be described as service 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.
7.3.22 Continuity of selling and purchasing
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This does not mean that a home must be sold or purchased following each posting.
Example: A member gets HPSEA for purchase of a home in Melbourne while on posting there. The member is then posted to Brisbane, occupies a Service residence there and keeps the home in Melbourne. After that, the member is posted to Sydney. They then sell the home in Melbourne and purchase in Sydney. If the sale and purchase are within the specified time limits, the member maintains continuity of the sale-purchase cycle.
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Continuity of the sale-purchase cycle is broken if all the actions shown in this table happen. This table shows the effect on a member's HPSEA benefit.
Step
Action
Effect on the sale-purchase cycle
Effect on HPSEA
1.
A member gets HPSEA for the purchase of a home in a former posting location. The member relocates. The former home is not sold within the two years from official written notice of posting to a new location.
The sale-purchase cycle is broken.
The sale does not qualify for HPSEA. It is outside the two‑year time limit for sale. Further, the member is excluded from HPSEA for purchasing a home in the new location – Step 2.
2.
The member then purchases a home in the new posting location.
The sale-purchase cycle has been broken.
The purchase does not qualify for HPSEA. If the member had sold their former home within the specified time limit, the purchase would have qualified for HPSEA.
3.
The member then sells the last home because of posting to another location. The sale takes place within two years of official written notice of posting to the new location.
The sale-purchase cycle is re-established.
The sale of this home qualifies for HPSEA. The member also qualifies for HPSEA if they purchase a home in the new posting location within the specified time limit.
7.3.23 Time limit on sale and purchase
Example: A member is posted overseas. They receive written notice of posting to another location. The new location is not listed in subsection 2 above. They have two years to sell their home in their original location from the date official written notice of posting is issued.
7.3.24 Member of Reserves not eligible
In the total workforce system, a member of the Reserves on continuous full-time service may be described as a member in Service category 3, 4 or 5 and Service option C.
