Housing Act 2001

exercise of a function includes, if the function is a duty, the performance of the duty.

FANMAC means First Australian National Mortgage Acceptance Corporation Limited.

FANMAC trustee means the trustee of funds raised from time to time by FANMAC for the purposes of home lending.

former Act means the HomeFund Restructuring Act 1993 (as in force immediately prior to its repeal).

function includes a power, authority or duty.

Home Purchase Assistance Authority means the body of that name constituted under the Home Purchase Assistance Authority Act 1993 (as in force before its repeal).

HomeFund borrower means the mortgagor under a HomeFund mortgage or the guarantor under an associated contract of guarantee, but does not include a person who has ceased to be such a mortgagor or guarantor.

HomeFund mortgage means a mortgage executed, on or before 30 June 1994, by Permanent Trustee Company Limited as mortgagee in its capacity as FANMAC trustee, and includes—

mortgage has the same meaning as in the Conveyancing Act 1919.

restructuring scheme means the scheme referred to in clause 2 and in Schedule 1 to the former Act.