Money due by purchaser or borrower is debt due to Crown

Current

In addition to any other remedy provided by this Act for the recovery of any sum of money payable under any provision of this Act to Homes Tasmania by a purchaser or borrower, the sum of money –

is, and remains until it is paid to Homes Tasmania, a debt due by the purchaser or borrower to the Crown; and is recoverable, with interest, by Homes Tasmania.

This Act’s bill:Explanatory notes Second reading speech

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94 Money due by purchaser or borrower is debt due to Crown