Document ID: chunk:federal_register_of_legislation:C2025C00096:schedule:1:p6
Version: federal_register_of_legislation:C2025C00096
Segment Type: schedule
Provision Reference: sch 1 (pt 6/51)
Character Range: 176269–179266

as vendor of the Portfolio Land.
Portfolio Land:                       means land which is subject to a contract of sale pursuant to Part IV, or Sections 36, 48 or 48C of the Act and which is held by the Corporation as registered proprietor, or legal owner, or as a lessee under a Crown lease as at the relevant Vesting Date.
Portfolio Mortgages:                  means all mortgages in which the Corporation has an interest as mortgagee as at the relevant Vesting Date, and includes all agreements and acknowledgements for further advances in accordance with the Act, all charges pursuant to Section 31 of the Act, and all mortgages to the Corporation as mortgagee pursuant to Section 36 or Section 48D of the Act.
Portfolio Supplementary Agreements:   means all rights and obligations of the Corporation pursuant to charges against Borrowers and acknowledgements by Borrowers pursuant to Section 18A (generally, land development costs) of the Act and agreements pursuant to Section 29AA and Section 29AB (generally, assistance to widows and others) of the Act and deeds of covenant between the Corporation as mortgagee and Borrowers or other persons.
Potential Portfolio Assets:           means those assets which have not vested but which would have been Specified Portfolio Assets had the relevant Vesting Dates fallen on 30 April 1989.
Rest Day:                             means in respect of a Specified Portfolio Asset, the 1st day of each month on which day principal and interest will be due and payable in respect of the relevant Subsidised Advance Loan Account or, in respect of a Subsidised Advance, the 5th day of each month on which day principal and interest will be due and payable in respect of the relevant Subsidised Advance Loan Account.
Specified Portfolio Assets:           means all Portfolio Mortgages, Portfolio Contracts of Sale, and Portfolio Supplementary Agreements.
Subsidised Advance:                   means any advance made by the Bank in accordance with the Certificate of Entitlement, or an initial advance which the Bank is taken to have made pursuant to Section 37 of the Amended Act.
Subsidised Advance Loan Account:      means an account established by the Bank for the purpose of administering a Specified Portfolio Asset or a Subsidised Advance.
Subsidy:                              means the interest subsidy referred to in Clause 11.
Subsidy Scheme:                       means the scheme for provision of Subsidy.
Transfer of Land and Subsidy:         means a transfer of land or land and dwelling house subject to a Specified Portfolio Asset or a mortgage securing a Subsidised Advance.
Vesting Dates:                        means the dates as determined by the Minister in accordance with the Amended Act.

    1.2 Interpretation
         1.2.1 Words importing one gender shall include the other gender.
         1.2.2 Words importing the singular shall include the plural and vice‑versa.
         1.2.3 A reference to a Clause shall be a reference