Document ID: chunk:federal_register_of_legislation:F2024C00882:schedule:1:p12
Version: federal_register_of_legislation:F2024C00882
Segment Type: schedule
Provision Reference: sch 1 (pt 12/40)
Character Range: 424944–427472

The credit provider must give you the requested copy—
           * within 14 days of your written request if the contract came into existence 1 year or less before the request was given to the credit provider; or
           * otherwise within 30 days.
  The credit provider may charge you a fee.
  Your request can be made any time up to 2 years after the end of the credit contract.

 7 Can I withdraw from my guarantee?
  You can withdraw from your guarantee at any time by written notice to the credit provider if the final credit contract is materially different from the proposed credit contract given to you before you signed the guarantee.

 8 Can I limit my guarantee?
  Yes, if it relates to a continuing credit contract (such as a credit card contract or an overdraft). In that case you can give the credit provider a notice limiting the guarantee so that it only applies to—
           * credit previously given to the debtor; and
           * any other amount you agree to guarantee.

 9 Can my guarantee also apply to any future contracts?
  No, unless the credit provider has given you a copy of the proposed new credit contract and you have given your written acceptance.

 10 If my guarantee says I have to give a mortgage, what does this mean?
  A mortgage means that you give the credit provider certain rights over any property you mortgage. If you default under your guarantee, you can lose that property and you might still owe money to the credit provider.

 11 Should I get a copy of my mortgage?
  Yes. It can be part of your guarantee or, if it is a separate document, you will be given a copy of the mortgage within 14 days after your mortgage is entered into.

 12 Is there anything that I am not allowed to do with the property I have mortgaged?
  The law says you can not assign or dispose of the property unless you have the credit provider's, or the court's, permission. You must also look after the property. Read the mortgage document as well. It will usually have other terms and conditions about what you can or can not do with the property.

 13 What can I do if I find that I can not afford to pay out the credit contract and there is a mortgage over my property?
  See the answer to question 22.
  Otherwise you may —
           * if the mortgaged property is goods—give the property back to your credit provider, together with a letter saying you want the credit provider to sell the property for you;
           * sell the property, but only if the credit provider gives permission first;