Document ID: chunk:federal_register_of_legislation:C2024C00682:schedule:1:p44
Version: federal_register_of_legislation:C2024C00682
Segment Type: schedule
Provision Reference: sch 1 (pt 44/50)
Character Range: 179138–181781

exercises or attempts to exercise any power by virtue of any default under the mortgage or encumbrance,
     (f) the Applicant without the written consent of the Bank (which may attach such terms or conditions to the giving of consent as it thinks fit) further mortgages, charges or otherwise further encumbers the land subject to the securities, or does or suffers to be done anything whereby any charge or liability becomes or might become imposed upon the land subject to the securities of any part or parts thereof, whether in priority to the securities or not or attempts so to do,
     (g) the Applicant without the written consent of the Bank (which may attach such terms or conditions to the giving of consent as it thinks fit) transfers, sells or leases or attempts to transfer, sell, lease or in any way parts with possession of the land subject to the securities or any part or parts thereof or attempts so to do, or alters, demolishes or removes any building thereon,
     (h) the Applicant without the written consent of the Bank (which may attach such terms or conditions to the giving of consent as it thinks fit) subdivides the land subject to the securities or any part or parts thereof or attempts so to do, or calls for an apportionment of the loan pursuant to the provisions of any statute, rule of law or equity,
     (i) any guarantor of the loan becomes bankrupt or assigns his estate for the benefit of his creditors or enters into a composition or arrangement with his creditors or in the case of a company goes into liquidation either voluntarily or compulsorily,
     (j) the Applicant becomes bankrupt or assigns his estate for the benefit of his creditors or enters into a composition or arrangement with his creditors or in the case of a company goes into liquidation either voluntarily or compulsorily,
     (k) any of the information supplied by the Applicant appearing in the Home‑Loan Application is found to be false or, in the opinion of the Bank, is misleading, or
     (l) any of the information supplied by the Applicant in support of any application to the Commonwealth under the Scheme (including, but not limited to, information supplied in an application for an entitlement certificate or application for payment of subsidy) is found to be false.
   15. The Applicant agrees and acknowledges that during such period as the Bank is in receipt of subsidy in respect of the loan the Bank shall be bound to act in accordance with the Scheme and in particular the Applicant acknowledges and agrees that:
       (a) (i) where an amount is incorrectly paid to the Bank by the Commonwealth by way of subsidy,