Mortgages
12B Mortgages
A mortgage may be in electronic form.
A provision of this Act that applies in relation to a transaction applies in relation to a mortgage referred to in subsection (1) as if a reference to "transaction" includes a reference to that mortgage.
Nothing in this section is taken to interfere with any Act or law, including the common law or equitable duties or interests arising out of the law of misrepresentation, unconscionability, duress or undue influence.
This section does not affect the operation of any other law of this jurisdiction that makes specific provision for or in relation to the requirements for a mortgage in electronic form.
Example
The operation of the Electronic Conveyancing National Law (Victoria) in relation to electronic lodgement of mortgages or other documents under that Law.
Division 3—Other provisions relating to laws of this jurisdiction
S. 13 substituted by No. 52/2011 s. 10.
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