Document ID: chunk:federal_register_of_legislation:C2024C00682:schedule:1:p34
Version: federal_register_of_legislation:C2024C00682
Segment Type: schedule
Provision Reference: sch 1 (pt 34/50)
Character Range: 154924–157607

the Bank under the Scheme, the Bank shall notify the Commonwealth within seven (7) days of receipt of the notice under Sub‑clause 31.2 or such further period as may be agreed upon by the parties.
    31.4 No Notice by Bank
    In the event that the Bank does no give notice under Sub‑clause 31.3, it shall be taken to have agreed to such amendments for the purposes of Sub‑clause 31.1.

    31.5 Draft Bill to be submitted to Parliament
    The Commonwealth agrees that the draft Bill to be submitted to the Parliament shall be the draft Bill referred to in Sub‑clause 31.1 with only such amendments thereto as may be agreed in writing on behalf of the parties.
    31.6 Procedure where notice given by the Bank
    If a notice is served by the Bank in accordance with Sub‑clause 31.3, then the parties will, as soon as possible after receipt of the notice, meet or communicate to discuss the effect of the amendments and to reach agreement on whether this Agreement shall proceed. If, after twenty one (21) days of service of the notice under Sub‑clause 31.3, agreement has not been reached by the parties, then the Agreement shall terminate.
    31.7 Effect of termination
    In the event that the Agreement is terminated or has no force or effect arising from Clause 31.6, neither the Bank nor the Commonwealth will have any right to claim compensation, losses, expenses, costs or damages arising or resulting from this Agreement against the other.
    31.8 Agreement approved by enabling legislation
    The parties hereby agree that a copy of this Agreement shall be annexed to and approved by the enabling legislation.
    31.9 Commencement Date after 31 December 1991
    In the event that the Commencement Date is a date after 31 December 1991 then this Agreement shall be of no force or effect and neither the bank nor the Commonwealth will have any right to claim for compensation, losses, expenses, costs or damages arising or resulting from this Agreement against the other.
    31.10 Passage of enabling legislation after 31 December 1990
    In the event that the enabling legislation is passed after 31 December 1990, references to the Act in this Agreement shall be read as references to the Defence Force (Home Loans Assistance) Act 1991.

IN WITNESS WHEREOF the parties have executed this Agreement as at the day and year first before written:
SIGNED for and on behalf of the 
Commonwealth of Australia by   GORDON BILNEY
The Honourable GORDON NEIL 
BILNEY, Minister for Defence  
Science and Personnel, in the presence of: 
 
JONATHAN HUTSON 
SIGNED on behalf of  
NATIONAL AUSTRALIA  JOHN F. ASTBURY
BANK LIMITED by its Attorney  Chief General Manager