exv4w15






Exhibit 4.15




     GROUP LIMIT FACILITY




	TO: 	 	COMMONWEALTH BANK OF AUSTRALIA ABN 48 123 123 124 (“the Bank”)




APPLICATION FOR GROUP ACCOMMODATION



Application is hereby made to the Bank by the companies listed in the First Schedule hereto or
listed in any schedule signed by or on behalf of the Bank and the company named in the Second
Schedule hereto pursuant to clause 2(i) in substitution for the First Schedule hereto (all such
companies and each of them separately being referred to herein as “the Applicant”) for
accommodation from time to time by way of overdraft (referred to herein as “the Accommodation”).



In this application:



“Cap Limit” means A$249,999,999-00 or such other amount as agreed from time to time by the Bank.



“Cap Limit Amount” means the amount (converted into Australian dollars at the Exchange Rate, if
necessary) by which the aggregate debit balances of all accounts of the Applicant are drawn.



“Common Terms Deed” means the deed so entitled dated on or about the date of this application
between, amongst others, the Bank and the Applicant.



“Exchange Rate” has the meaning given in the Multi-Option Facility Agreement.




“Group Limit” means A$5,000,000-00 or such other amount as agreed from time to time by the Bank.



“Group Limit Amount” means the amount (in Australian dollars), if any, by which the aggregate of
debit balances of all accounts of all companies comprising the Applicant (converted into Australian
dollars at the Exchange Rate, if necessary) exceeds the aggregate of credit balances of the
Applicant (converted into Australian dollars at the Exchange Rate, if necessary).



“Margin” means, initially, the rate determined in accordance with the following table:




	 	 	 	 	 
	Group Limit Amount ($A)	 	Margin
	<$5,000,000
	 	 	0.00	%
	>$5,000,000
	 	 	3.00	%





and thereafter as varied from time to time in accordance with clause 1(d);



Multi-Option Facility Agreement means the facility agreement so entitled dated on or about the date
of this application between, amongst others, the Bank and the Applicant.



It is understood that the following conditions shall apply to all Accommodation approved pursuant
to this application:-





	1.	(a)	 	The Accommodation shall be granted on the Bank’s usual terms
and conditions, the terms and conditions set out in this
application, the Multi-Option Facility Agreement, the Common
Terms Deed and such other terms and conditions as the Bank
may from time to time impose.






	 	(b)	(i)	 	The Applicant must ensure that the
Group Limit Amount is less than or
equal to the Group Limit.
	 
	 	 	(ii)	 	The Applicant must ensure that the Cap Limit Amount is less than or
equal to the Cap Limit.
	 
	 	 	(iii)	 	If at any time the Group Limit Amount exceeds the Group Limit or
the Cap Limit Amount exceeds the Cap Limit the Applicant must pay to the Bank on
demand the amount necessary to reduce the Group Limit Amount or the Cap Limit
Amount to below or equal to the Group Limit or Cap Limit as applicable.





1/97










 



2



	 	(c)	(i)	 	The Accommodation shall be secured by such securities as may from time to time
be agreed between the Bank and the company named in the Second Schedule hereto, which
securities shall be in such form or forms as required by the Bank. Securities presently
required are set out in the annexure hereto (being, as at the date of this application,
none).
	 
	 	 	(ii)	 	The titles to any property over which security is to be granted to
the Bank must be to the Bank’s satisfaction and will be investigated by the Bank
or its solicitors at the Applicant’s expense. Any expense incurred by the Bank
in such investigation will be paid by the Applicant whether or not any
Accommodation is granted.
	 
	 	 	(iii)	 	The Applicant understands and agrees that any inspection
undertaken of any property over which security is to be granted will be conducted
for the Bank’s own internal purposes only and not on the Applicant’s behalf and
will remain the Bank’s exclusive property. The Applicant also understands and
agrees that the Bank will not incur any responsibility whatsoever for or in
connection with and makes no representation with respect to the construction of
any building on the land or the standard or value thereof by virtue of any such
inspection or any subsequent action it may take as a result of such inspection.
	 
	 	 	(iv)	 	The Applicant must not, and must procure that no other company
comprising the Applicant will, create or allow to exist or agree to any
Encumbrance (as defined in the Common Terms Deed) over any account to which this
Application for Accommodation applies.






	 	(d)	 	The Bank may from time to time at its pleasure cancel or vary the Cap Limit or the Group Limit, immediately by notice
in writing to the company named in the Second Schedule
hereto and may vary the rate of interest applicable to
the Accommodation in accordance with the procedure for
the review and renewal of its commitment under clause
4.5 of the Multi-Option Facility Agreement.
	 
	 	(e)	 	The Accommodation is payable on the earlier of:






	 	(i)	 	the date on which demand for repayment of the Accommodation is made
by the Bank;
	 
	 	(ii)	 	the Termination Date (as defined in the Multi-Option Facility
Agreement) (if any) for the Overdraft Facility (as defined in the Multi-Option
Facility Agreement); and
	 
	 	(iii)	 	the Final Termination Date (as defined in the Multi-Option
Facility Agreement).






	 	(f)	 	The Applicant will pay to the Bank, the Bank’s fees and charges (including
establishment fees and charges, loan service and account service fees and charges) which
the Bank shall charge, pay or incur in any way in connection with the establishment and
continuance of the Accommodation (initially as specified in the Third Schedule and
thereafter as advised by the Bank from time to time) and any right, power, claim or
remedy of any kind in respect of the Accommodation or any security for the Accommodation.
	 
	 	(g)	 	The Bank may debit any account of the Applicant with all interest in respect of the
Accommodation or credit any account of the Applicant with any net credit interest payable
by the Bank to the applicant in accordance with clause 1(h)(v) and all costs, charges and
expenses as aforesaid.
	 
	 	(h)	 	Interest accrues and is calculated on the net balance of all accounts of the
Applicant to which this Application for Accommodation applies (“the accounts of the
applicant”) as follows:-






	 	(i)	 	Interest at the Corporate Overdraft Reference Rate (being the interest rate
published under that title from time to time by the Bank in leading










 



3


	 	 	 	daily newspapers in each State for overdraft accommodation or, if there is no such
rate at any time, any substitute or replacement reference rate published by the Bank
from time to time) plus the Margin, is calculated on any day on which the net balance
of the accounts of the applicant is in debit and is calculated on that net debit
balance (the “debit interest”). The determination by the Bank of the Corporate
Overdraft Reference Rate and the Margin is, in the absence of manifest error,
conclusive and binding on the Applicant;
	 
	 	(ii)	 	Interest, initially at the rate specified in the Third Schedule and
thereafter at the rate agreed by the company named in the Second Schedule and the
Bank in writing, is calculated on any day on which the net balance of the
accounts of the applicant is in credit and is calculated on that net credit
balance (the “credit interest”);
	 
	 	(iii)	 	The amounts of debit interest and credit interest are set off
against each other on the monthly interest charging date for the accounts of the
applicant to produce a net balance of either debit interest owing by the
applicant to the Bank or credit interest payable by the Bank to the applicant;
	 
	 	(iv)	 	If as a result of the set-off in accordance with clause 1(h)(iii) a
net balance of debit interest is owing by the applicant to the Bank the net debit
interest is debited to any account of the applicant in accordance with clause
1(g); and
	 
	 	(v)	 	If as a result of the set-off in accordance with clause 1(h)(iii) a
net balance of interest is payable by the Bank to the applicant the net credit
interest is credited to any account of the applicant in accordance with clause
1(g).






	2.	(a)	 	The Applicant requests and authorises the Bank to make available all or any part of the
Accommodation to any one or more of the companies comprising the Applicant by allowing any one
or more of the companies from time to time to draw upon such of their accounts conducted with
the Bank as the Bank may approve.
	 
	 	(b)	 	The Applicant requests and authorises the Bank to rely on such authorities to
operate upon accounts by cheque or any other means given to the Bank by any of the
companies comprising the Applicant from time to time to authorise drawings of all or any
part of the Accommodation.
	 
	 	(c)	 	The Applicant agrees to indemnify the Bank for all liabilities incurred to the Bank
by any of the companies comprising the Applicant and each company agrees to be liable
jointly with all other companies comprising the Applicant and severally as principal
debtor to the Bank for all moneys from time to time owing to the Bank pursuant to the
Accommodation whether or not the same exceeds the Cap Limit or Group Limit.
	 
	 	(d)	 	The Applicant acknowledges that the Bank may during the continuance of the
Accommodation refuse to honour or pay cheques drawn or any other drawings upon any of the
companies’ accounts, whether the relevant account is in debit or credit at the time the
cheques are presented for payment or the drawings requested to be made, in any case where
the Cap Limit, the Group Limit or the Commitment (as defined in the Multi-Option Facility
Agreement) would be exceeded if such cheques or other drawings were paid.
	 
	 	(e)	 	The Applicant authorises the Bank in its discretion to apply the whole or any part
of the balance standing to the credit of any of its accounts with the Bank from time to
time towards satisfaction of any moneys owing to the Bank










 



4


	 	 	 	pursuant to the Accommodation on any account of any of the companies comprising the
Applicant.
	 
	 	(f)	 	The Applicant appoints the company named in the Second Schedule to this application
to be its agent for the purposes of receiving from and giving to the Bank all advice and
notifications relevant to the Accommodation, including notices of non-payment or
dishonour of any drawings on the accounts of any companies comprising the Applicant and
requests for increases in the Cap Limit or the Group Limit and for the extension of the
Accommodation to a further company or companies and any release or exchange or addition
to the securities securing the Accommodation from time to time and agreeing the accounts
to which this Application applies and the rate of interest on any net credit balance of
the accounts of the Applicant in accordance with clause 1(h)(ii).
	 
	 	(g)	 	The Applicant agrees that the Bank in its discretion from time to time may agree to
the Accommodation being extended to such further company or companies as may be nominated
by the company named in the Second Schedule provided that such further company or
companies is incorporated in Australia, accedes as an “Additional Borrower” (as defined
in the Multi-Option Facility Agreement) under and in accordance with the Multi-Option
Facility Agreement and agrees in writing to be bound by all terms and conditions
applicable to the Accommodation including the terms of this application. The Applicant
further agrees with respect to each such extension of the Accommodation that:-






	 	(i)	 	the liability of the Applicant with respect to the companies
comprising the Applicant immediately prior to the extension of Accommodation to
any company shall not be affected by such extension; and
	 
	 	(ii)	 	the terms of this application, including without limitation the
indemnity set out in clause 2(c), shall apply to such further company or
companies as if they were named in the first Schedule.






	 	(h)	 	Where the securities securing the Accommodation are varied from the securities set
out in the annexure hereto, then the companies comprising the Applicant agree that any
release of, exchange or addition to, the securities at any time shall not release or
discharge any of the companies comprising the Applicant from full liability in respect of
the Accommodation including, without limitation, their liability under clause 2(c).
	 
	 	(i)	 	Upon any extension of the Accommodation to any further company or companies
pursuant to clause 2(g) or any release of, exchange or addition to the securities
securing the Accommodation pursuant to clause 2(h) a new Schedule setting out details of
all the companies thereafter to comprise the Applicant and/or the securities thereafter
securing the Accommodation shall be signed by or on behalf of the Bank and the company
named in the Second Schedule hereto and in the event that the new Schedule amends the
First Schedule hereto whether by addition or deletion of companies comprising the
Applicant such new Schedule will apply in substitution for the First Schedule or in the
event that the new Schedule varies the securities required by the Bank to secure the
Accommodation such new Schedule will apply in substitution for the annexure referred to
in clause 1(c)(i).
	 
	 	(j)	 	No payment which may be avoided under any law for the time being in force relating
to bankruptcy or the winding up or administration of companies and no release settlement
or discharge which may have been given or made on the faith of any such payment shall
prejudice or affect the right of the Bank to recover under this application from the
Applicant and in the event of any such payment being so avoided, whether such avoidance
is ordered, compromised or conceded, the Bank and the Applicant shall be restored to the
rights which each respectively would have had if no such payment had been made and no










 



5


	 	 	 	release settlement or discharge had been given or made on the faith thereof and
the Bank may in its discretion decline to give any such release settlement or
discharge so long as any payment made in or towards payment of the Accommodation
remains liable to be so avoided.






	 	(k)	(i)	 	If:
	 






	 	(a)	 	the commencement or introduction of, or any change in, a present or future
law, regulation or treaty (which if not having the force of law, would be complied
with by a responsible financial institution) or in its interpretation or
administration; or
	 
	 	(b)	 	the commencement or introduction of, or a change in any
present or future order, official policy, directive, requirement guideline or
request (whether or not having the force of law but if not having the force
of law, would be complied with by a responsible financial institution) of or
from any government or central bank or governmental, fiscal, monetary,
supervisory or other authority provided that any such change does not relate
to the effective rate of tax which is imposed on the overall net income of
the Bank),






	 	 	 	will in the Bank’s determination result in a direct or indirect increase to the
Bank of the cost of committing, providing or maintaining any Accommodation granted
to the Applicant by the Bank or in a direct or indirect reduction in any amount
received or receivable by the Bank or in the effective return to the Bank
(including, without limitation, the return on the Bank’s capital) under this
application, in each case by an amount which the Bank deems to be material,
	 
	 	 	 	then the Applicant must pay to the Bank on demand the additional amounts which the
Bank certifies are necessary to compensate it for the increased cost or reduction
caused by the change, compliance and/or change in the manner of compliance.
	 
	 	(ii)	 	Where the increased cost or reduction is indirect, then the Applicant
must pay to the Bank the proportion of it which the Bank determines is fairly
attributable to the Accommodation granted to the Applicant by the Bank.
	 
	 	(iii)	 	In determining any amount payable under clause 2(k) (i) or (ii), the
Bank may use averaging, attribution and/or any other methods of calculation as it
commonly uses and/or any other reasonable methods of calculation as it deems
appropriate.
	 
	 	(iv)	 	The Applicant is not obliged to pay compensation under this clause if the
relevant increased cost, reduction in the amount receivable or reduction in return
on capital is:






	 	(a)	 	fully compensated for by clause 9.4 of the Common Terms Deed; or
	 
	 	(b)	 	attributable to the wilful breach by the Bank of any law or a
breach by the Bank of the terms of a Transaction Document (as defined in the
Common Terms Deed).






	 	(iv)	 	In the event of any inconsistency between the provisions of this clause
2(k) and any similar clause in any agreement between any company comprising the
Applicant and the Bank relating to the provision of the Accommodation, the
provisions of this clause 2(k) shall apply to the extent of any inconsistency
between this clause 2(k) and any such inconsistent provision.










 



6








	 	(l)	 	The Applicant hereby acknowledges that it has not relied on any representations,
predictions or statements of opinion by the Bank or any of its officers or agents as to
the tax treatment of any interest debited to or accruing to any account of the Applicant
under this Application for Group Accommodation.
	 
	 	(m)	 	The Applicant acknowledges and agrees that this application is a Transaction Document
for the purposes of the Common Terms Deed and the Multi-Option Facility Agreement.
	 
	 	(n)	 	This application is governed by the laws of New South Wales.




Dated this
2nd day of November 2009










 



7




First Schedule




SIMS GROUP AUSTRALIA HOLDINGS LIMITED ACN 008 634 526

SIMS ALUMINIUM PTY LIMITED ACN 004 370 905

SIMS METAL MANAGEMENT LTD ACN 114 838 630









 



8


Second Schedule




SIMS GROUP AUSTRALIA HOLDINGS LIMITED ACN 008 634 526













 





9





Third Schedule — Overdraft fees and credit interest




Overdraft Fees and Charges




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	Overdraft Line Fee
	 	 	1.12	%	 	 	1.12	% 	 	p.a. charged
	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	quarterly
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Credit Interest	 	 	 	 	 	 	 	 	 	Terms
	 	 	 	 	Facility Limits
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	For Balances to $500,000.00
	 	 	 	 	 	 	 	 	 	 	p.a.	 
	 	 	 	 	• RBA Target Cash Rate (presently: 3.25% p.a.) less 1.25%
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	For Balances to $1,000,000.00
	 	 	 	 	 	 	 	 	 	 	p.a.	 
	 	 	 	 	• RBA Target Cash Rate (presently: 3.25% p.a.) less 1.00%
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	For Balances to $2,000,000.00
	 	 	 	 	 	 	 	 	 	 	p.a.	 
	 	 	 	 	• RBA Target Cash Rate (presently: 3.25% p.a.) less 0.75%
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	For Balances over $2,000,000.00
	 	 	 	 	 	 	 	 	 	 	p.a.	 
	 	 	 	 	• RBA Target Cash Rate (presently: 3.25% p.a.) less 0.50%
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Proposed Fee GST	 	Proposed Fee GST	 	 
	 	 	 	 	Cash Pooling Facilities	 	Exclusive	 	Inclusive	 	Terms
	 	 	 	 	Notional Cash Pooling (GLF/NBRS)
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Maintenance Fee
	 	$	5,000.00	 	 	$	5,000.00	 	 	per month






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Proposed Fee GST	 	Proposed Fee GST	 	 
	 	 	 	 	Account Transactions	 	Exclusive	 	Inclusive	 	Terms
	 	 	 	 	Transaction Fees
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Account Maintenance Fee
	 	$	5.00	 	 	$	5.00	 	 	per A/C per month
	 	 	 	 	Cheques Written / Negotiated
	 	$	0.28	 	 	$	0.28	 	 	per item
	 	 	 	 	Over the Counter Deposit
	 	$	1.10	 	 	$	1.10	 	 	per transaction
	 	 	 	 	Cheques in OTC Deposits
	 	$	0.28	 	 	$	0.28	 	 	per item
	 	 	 	 	Over the Counter Withdrawals / Cash
Cheques
	 	$	1.10	 	 	$	1.10	 	 	per transaction
	 	 	 	 	Quick Deposits Box Deposits
	 	$	0.28	 	 	$	0.28	 	 	per transaction
	 	 	 	 	Cheques in Quick Deposits Box Deposits
	 	$	0.28	 	 	$	0.28	 	 	per item
	 	 	 	 	Electronic Debit — Electronic Withdrawal
	 	$	0.28	 	 	$	0.28	 	 	per transaction
	 	 	 	 	Electronic Debit — ATM Withdrawal
	 	$	0.25	 	 	$	0.25	 	 	per transaction
	 	 	 	 	Electronic Credit — Electronic Deposit
	 	$	0.28	 	 	$	0.28	 	 	per transaction






Accounts




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Current Fee GST	 	Current Fee GST	 	 
	 	 	 	 	Ancillary Services	 	Exclusive	 	Inclusive	 	Terms
	 	 	 	 	Service Fees
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Audit Certificate Fee
	 	$	60.00	 	 	$	60.00	 	 	per certificate
	 	 	 	 	Certificate of Balance / Interest
	 	$	15.00	 	 	$	15.00	 	 	per certificate
	 	 	 	 	Bank Cheque — Issuance Fee
	 	$	5.40	 	 	$	5.40	 	 	per cheque
	 	 	 	 	Bank Cheque — Cancellation Fee
	 	$	10.00	 	 	$	10.00	 	 	per cheque
	 	 	 	 	Bank Cheque — Duplicate Issuance fee
	 	$	25.00	 	 	$	25.00	 	 	per cheque
	 	 	 	 	Banker’s Opinion Fee
	 	$	27.00	 	 	$	27.00	 	 	per item
	 	 	 	 	Note Handling Fee (for OTC Dr/Cr notes over $50,000)
	 	 	0.25	%	 	 	0.25	%	 	per transaction
	 	 	 	 	Coin Handling Fee (for OTC Dr/Cr coins over $1,000)
	 	 	1.00	%	 	 	1.00	%	 	per transaction












 



10


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Current Fee GST	 	Current Fee GST	 	 
	 	 	 	 	Ancillary Services	 	Exclusive	 	Inclusive	 	Terms
	 	 	 	 	Dishonour Fee — Outward (cheque)
	 	$	35.00	 	 	$	35.00	 	 	per item
	 	 	 	 	Dishonour Fee — Outward (DE)
	 	$	35.00	 	 	$	35.00	 	 	per item
	 	 	 	 	Duplicate Statement Fee
	 	$	2.50	 	 	$	2.50	 	 	per statement
	 	 	 	 	Encashment Authority Fee
	 	$	50.00	 	 	$	50.00	 	 	per item
	 	 	 	 	Foreign Currency Draft Fee (from branch)
	 	$	20.00	 	 	$	20.00	 	 	per draft
	 	 	 	 	Inward International Money Transfer
(IMT) Cr to Non-CBA A/C Fee
	 	$	18.00	 	 	$	18.00	 	 	per transaction
	 	 	 	 	Inward International Money Transfer
(IMT) Cr to CBA A/C Fee
	 	$	7.50	 	 	$	7.50	 	 	per transaction
	 	 	 	 	Night Safe Wallet (initial)
	 	$	215.82	 	 	$	215.82	 	 	per item
	 	 	 	 	Night Safe Wallet (additional)
	 	$	143.88	 	 	$	143.88	 	 	per item
	 	 	 	 	Overdrawing Approval Fee
	 	$	30.00	 	 	$	30.00	 	 	per approval
	 	 	 	 	QuickCash Envelopes — Fee
	 	$	1.80	 	 	$	1.80	 	 	per item
	 	 	 	 	Stopped Cheque Fee
	 	$	15.00	 	 	$	15.00	 	 	per cheque
	 	 	 	 	Stopped Cheque Lift Fee
	 	$	15.00	 	 	$	15.00	 	 	per cheque
	 	 	 	 	Special Answer Fee
	 	$	15.00	 	 	$	15.00	 	 	per item
	 	 	 	 	Transaction Trace — Paper
	 	$	25.00	 	 	$	25.00	 	 	per item
	 	 	 	 	Transaction Trace — Electronic
	 	$	25.00	 	 	$	25.00	 	 	per item
	 	 	 	 	Transaction Trace — International
	 	$	25.00	 	 	$	25.00	 	 	per item
	 	 	 	 	Voucher Retrieval Fee (per item)
	 	$	4.00	 	 	$	4.00	 	 	per trace
	 	 	 	 	Voucher Retrieval Fee (min price)
	 	$	12.00	 	 	$	12.00	 	 	per request
	 	 	 	 	Voucher Retrieval Fee (per hour)
	 	$	60.00	 	 	$	60.00	 	 	per hour






Payments: Electronic Banking




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Current Fee GST	 	Current Fee GST	 	 
	 	 	 	 	CommBiz	 	Exclusive	 	Inclusive	 	Terms
	 	 	 	 	Electronic Banking Channel Fees
(CommBiz: )
	 	 	 	 	 	 	 	 	 	 	 	 
	*GST	 	Additional Training / Technical Services (CommBiz)
	 	$	120.00	 	 	$	132.00	 	 	per hour
	*GST	 	Provision of Security Token
	 	$	20.00	 	 	$	22.00	 	 	per token
	*GST	 	User Access with Security Token
	 	$	4.86	 	 	$	5.35	 	 	per user / per month
	 	 	 	 	Electronic Banking Transaction Fees
	 	 	 	 	 	 	 	 	 	 	 	 
	*GST	 	Transaction Activity Fee — Direct Credit
	 	$	0.090	 	 	$	0.099	 	 	per transaction
	*GST	 	Transaction Activity Fee — Direct Debit
	 	$	0.250	 	 	$	0.275	 	 	per transaction
	*GST	 	Transaction Activity Fee — BPAY Payment
	 	$	0.09	 	 	$	0.10	 	 	per transaction
	 	 	 	 	Priority Payment to CommBank A/C
	 	$	0.50	 	 	$	0.50	 	 	per transaction
	 	 	 	 	Priority Payment to Other Bank A/C
	 	$	10.50	 	 	$	10.50	 	 	per transaction






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Current Fee GST	 	Current Fee GST	 	 
	 	 	 	 	Electronic
Banking — Ancillary Services	 	Exclusive	 	Inclusive	 	Terms
	 	 	 	 	Ancillary Fees (Diammond / CommBiz)
	 	 	 	 	 	 	 	 	 	 	 	 
	*GST	 	Rejected / Returned Electronic
Transactions (non CommBiz)
	 	$	2.27	 	 	$	2.50	 	 	per transaction
	*GST	 	Returned Direct Credit / Direct Debit
payment (CommBiz only)
	 	$	2.27	 	 	$	2.50	 	 	per transaction
	*GST	 	File Recall / Duplicate File Recall
(non CommBiz)
	 	$	45.45	 	 	$	50.00	 	 	per file
	*GST	 	Direct Credit File Recall (CommBiz only)
	 	$	45.45	 	 	$	50.00	 	 	per file
	*GST	 	Transaction (Item) Recalls (non CommBiz)
	 	$	22.73	 	 	$	25.00	 	 	per transaction












 



11


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Current Fee GST	 	Current Fee GST	 	 
	 	 	 	 	Electronic
Banking — Ancillary Services	 	Exclusive	 	Inclusive	 	Terms
	*GST	 	Direct Credit Item Recall (CommBiz only)
	 	$	25.00	 	 	$	27.50	 	 	per transaction
	*GST	 	BPAY Payment Item Recall (CommBiz only)
	 	$	25.00	 	 	$	27.50	 	 	per transaction
	*GST	 	Overlimit Processing — Direct Entry
Payment (non CommBiz)
	 	$	45.45	 	 	$	50.00	 	 	per referral
	*GST	 	Declined Transactions / Outward
Dishonour (non CommBiz)
	 	$	31.82	 	 	$	35.00	 	 	per transaction
	*GST	 	Risk Approval/Declined Direct Credit /
Direct Debit payment (CommBiz)
	 	$	35.00	 	 	$	38.50	 	 	per transaction
	 	 	 	 	Risk Approval/Declined Priority/IMT/
Foreign Currency payment (CommBiz)
	 	$	35.00	 	 	$	35.00	 	 	per transaction
	*GST	 	Transaction Traces (non CommBiz)
	 	$	22.73	 	 	$	25.00	 	 	per trace
	*GST	 	Trace, Direct Credit / Direct Debit
(CommBiz only)
	 	$	25.00	 	 	$	27.50	 	 	per trace
	 	 	 	 	Trace Priority/IMT/Foreign Currency
Payment (CommBiz)
	 	$	25.00	 	 	$	25.00	 	 	per trace
	 	 	 	 	Amendment to IMT or Foreign Currency
Payment (CommBiz only)
	 	$	25.00	 	 	$	25.00	 	 	per amendment
	 	 	 	 	Cancellation of IMT or Foreign Currency
Payment (CommBiz only)
	 	$	25.00	 	 	$	25.00	 	 	per cancellation
	 	 	 	 	Copy of Payment Message (CommBiz only)
	 	$	10.00	 	 	$	10.00	 	 	per copy
	 	 	 	 	Remittance Advice (CommBiz)
	 	 	 	 	 	 	 	 	 	 	 	 
	*GST	 	E-mail
	 	$	0.15	 	 	$	0.165	 	 	per item
	*GST	 	Fax — within Australia
	 	$	0.40	 	 	$	0.440	 	 	per item
	*GST	 	Fax — Overseas
	 	$	1.10	 	 	$	1.210	 	 	per item
	*GST	 	Mail — within Australia
	 	$	0.90	 	 	$	0.990	 	 	per item
	*GST	 	Mail — Overseas
	 	$	3.00	 	 	$	3.300	 	 	per item
	 	 	 	 	Secure Request (CommBiz)
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Stop Cheque or Lift Stop request
	 	$	10.00	 	 	$	10.00	 	 	per cheque












 



12

Executed as a deed




	 	 	 	 	 

	Signed, sealed and
delivered 
by SIMS GROUP AUSTRALIA 
HOLDINGS LIMITED
ACN 008 
634 526

	 	)

)
)
)
)


	 	

 

Director

Full

Name: 

	

	 	)

)

)
)
)
)
)
)
)
)
	 	
Address 



 

Company Secretary or Other

Director



Full

Name: 

	 

	 	)	 	Address: 

	 
	 	 	 	 
	Signed, sealed and
delivered
 by SIMS
ALUMINIUM PTY 
LIMITED ACN
004 370 905

	 	)

)
)
)
)


	 	

 

Director

Full
 Name: 

	

	 	)

)

)
)
)
)
)
)
)
)
	 	
Address 



 

Company Secretary or Other

Director



Full

 Name: 

	 

	 	)	 	Address: 













 



13


	 	 	 	 	 

	Signed, sealed and
delivered 
by SIMS METAL

MANAGEMENT LIMITED ACN 
114
838 630

	 	)

)
)
)
)


	 	

 

Director

Full
 Name: 

	

	 	)

)

)
)
)
)
)
)
)
)
	 	
Address 



 

Company Secretary or Other

Director



Full

 Name: 

	 

	 	)	 	Address: 






	 	 	 	 	 	 	 
	Lender 





Signed sealed and delivered for

Commonwealth Bank of Australia

by its attorney 

  	 	 
	sign here 4
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Attorney	 	 
	 

	 	
print name
	 	 
	 	 
	 

	 	 	 	 	 	 
	 

	 	
in the presence of
	 	 
	
sign here 4
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Witness	 	 
	 

	 	
print name
	 	 
	 	 
	 

	 	 	 	 	 	 










 



14


Annexure to Application for Group Accommodation




Dated:



Schedule of Securities



UNSECURED