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reg 6

Loans

In force
Schedule 4Information to be given to members or registrar

6 Loans

(1)

For a loan of more than $1,000 made by the reporting unit during the financial year—

(a)

the amount of the loan; and

(b)

the purpose for which the loan was required; and

(c)

the security given for the loan; and

(d)

if the loan is not a prescribed loan—the name and address of the entity to whom the loan was made and the arrangements made for the repayment of the loan.

(2)

For a loan of more than $10,000 received by the reporting unit during the financial year—

(a)

the name and address of the entity from whom the loan was received; and

(b)

the amount of the loan; and

(c)

the reason the loan was needed; and

(d)

the security given for the loan; and

(e)

the arrangements made for the repayment of the loan.

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