4
CurrentAdditional purpose of society—Act, s 65
4 Additional purpose of society—Act, s 65
(1)
For section 65(1)(d) of the Act, refinancing a loan, other than a residential loan, is an authorised purpose.
(2)
However, subsection (1) applies for a society only if the society has not raised any funds for which the Treasurer has executed a guarantee under section 70 of the Act.
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