Document ID: chunk:federal_register_of_legislation:C2024C00826:section:5:p9
Version: federal_register_of_legislation:C2024C00826
Segment Type: section
Provision Reference: s 5 (pt 9/11)
Character Range: 61842–64511

in section 13A of the National Credit Code.
reverse mortgage information statement means a document relating to reverse mortgages that complies with the regulations.
scheme means:
 (a) any agreement, arrangement, understanding, promise or undertaking, whether express or implied; or
 (b) any scheme, plan, proposal, action, course of action or course of conduct, whether unilateral or otherwise; or
 (c) any combination of 2 or more things that are schemes because of paragraph (a) or (b).
secrecy provision has the meaning given by subsection 212N(2).
senior manager has the same meaning as in section 9 of the Corporations Act 2001.
sensitive information has the same meaning as in the Privacy Act 1988.
serious fraud means an offence involving fraud or dishonesty, being an offence:
 (a) against a law of the Commonwealth, or of a State or Territory, or any other law; and
 (b) punishable by imprisonment for life or for a period, or maximum period, of at least 3 months.
short‑term credit contract: a credit contract is a short‑term credit contract if:
 (a) the contract is not a continuing credit contract or a low cost credit contract; and
 (b) the credit provider under the contract is not an ADI; and
 (c) the credit limit of the contract is $2,000 (or such other amount as is prescribed by the regulations) or less; and
 (d) the term of the contract is 15 days or less; and
 (e) the contract meets any other requirements prescribed by the regulations.
small amount credit contract: a credit contract is a small amount credit contract if:
 (a) the contract is not a continuing credit contract or a low cost credit contract; and
 (b) the credit provider under the contract is not an ADI; and
 (c) the credit limit of the contract is $2,000 (or such other amount as is prescribed by the regulations) or less; and
 (d) the term of the contract is at least 16 days but not longer than 1 year (or such other number of years as is prescribed by the regulations); and
 (e) the debtor's obligations under the contract are not, and will not be, secured; and
 (f) the contract meets any other requirements prescribed by the regulations.
standard home loan: see subsection 133AA(1).
State, when used in a geographical sense, includes the coastal sea of the State.
statement, when used in Chapter 6 (which deals with compliance and enforcement) in relation to an examination, includes a question asked, an answer given, and any other comment or remark made, at the examination.
state of mind: the state of mind of a person includes:
 (a) the knowledge, intention, opinion, belief or purpose of the person; and
 (b) the person's reasons for the intention, opinion, belief or