Document ID: chunk:federal_register_of_legislation:C2024C00682:schedule:1:p22
Version: federal_register_of_legislation:C2024C00682
Segment Type: schedule
Provision Reference: sch 1 (pt 22/50)
Character Range: 124371–127091

(e) total destruction of a dwelling on the Property (7 days);
      (f) death of a Subsidised Borrower or Joint Borrower (7 days);
      (g) receipt of a request from a Subsidised Borrower to have Subsidy cancelled (3 days);
      (h) an error by the Bank in:
         (i) the completion of Part D of an Application for Payment of Subsidy (7 days); or
         (ii) crediting of a Subsidy payment to a Subsidised Loan Account (1 day); and
         (i) change of name or names on the Title, Mortgage or Subsidised Loan Account  where the change has not been approved by the Commonwealth by the issue of a Grant of Approval (7 days); and
      (j) receipt by the Bank of a court order or other document which by law requires the Bank to transfer the Property or Mortgage where such change has not been approved by the Commonwealth by the issue of a Grant of Approval (7 days).
    11.2 Notices by the Commonwealth
    The Commonwealth will notify the Bank in writing within the number of days specified in brackets in cases where the Commonwealth becomes aware of or has notice of:
      (a) the Subsidy payable to a Subsidised Borrower ceasing within 60 days (7 days);
      (b) a request by a Subsidised Borrower for the cessation of Subsidy (7 days); and
      (c) an error in an Entitlement Certificate, Grant of Approval or a Subsidy payment (30 days).
    11.3 Provision of information generally
    Unless the Bank is prohibited by law from doing so, the Bank agrees that it will provide the Commonwealth with copies of any documents or any other information in the possession or under the control of the Bank relating to applications for Subsidised Loans or to Subsidised Loans as may be requested by the Commonwealth in writing. The Bank shall comply with any request by the Commonwealth within fourteen (14) days of receipt of the request or provide written reasons to the Commonwealth why it has not and advise the Commonwealth when it shall comply; provided that in all cases the Bank shall comply with the request within twenty‑eight (28) days of receipt.
    11.4 Assistance in preparing Annual Reports and evaluations
    The Bank hereby agrees to provide reasonable assistance to the Commonwealth in connection with the preparation of Annual Reports to the Parliament regarding the operation of the Scheme and in evaluating the effectiveness of the Scheme at intervals between three (3) and five (5) years against objectives determined by the Commonwealth from time to time. The Bank further agrees that it will:
      (a) ensure that its officers and employees are available for discussion and will provide such other reasonable assistance as the Commonwealth may from time to time request to assist it in