s 133AA
In forceWhat is a standard home loan?
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 2Licensing of persons who engage in credit activities
Part 2-5Financial records, trust accounts and audit reports
Division 2Financial records of licensees
133AA What is a standard home loan?
(1)
A standard home loan of a licensee is a standard form of credit contract under which the licensee provides credit:
(a)
to purchase residential property; or
(b)
to refinance credit that has been provided wholly or predominantly to purchase residential property.
(2)
The regulations may make provisions that apply to determining, for the purpose of subsection (1), whether a credit contract is a standard form of credit contract.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.