Document ID: chunk:federal_register_of_legislation:C2004A03717:body:0:p3
Version: federal_register_of_legislation:C2004A03717
Segment Type: other
Provision Reference: 
Character Range: 5888–8745

a copy of which is set out in Schedule 1, as in force from time to time;
        'amending Act' means the Defence Service Homes Amendment Act 1988;
        'borrower' means a person who is liable to pay the outstanding amount:
          (a) of a subsidised advance in respect of which subsidy is payable; or
          (b) secured by a specified portfolio asset (other than a contract of sale) which vests in the Bank under section 6b and in respect of which subsidy is payable;
        'certificate of entitlement' means a certificate of entitlement issued under this Act;
        'commencing day' means the day on which section 10 of the amending Act commences;
        'contract of sale' means a contract for the sale of a dwelling-house and land under Part IV of this Act as in force before the commencing day;

        'Corporation advance' has the same meaning as in the agreement;
        'further advance' means a subsidised advance to a person who has been a purchaser or borrower but is not a purchaser or borrower immediately before the advance is made;
        'initial advance' means a subsidised advance for a purpose referred to in subsection 18 (2) to a person referred to in subsection 18 (1) who is not, and has not previously been, a purchaser or a borrower;
        'instalment relief has the same meaning as in the agreement;
        'notice of eligibility' means a notice of eligibility issued under this Act;
        'portfolio asset' has the same meaning as in the agreement;
        'purchaser' means a person who is liable to pay the outstanding balance of the purchase money in respect of the purchase of land and a dwelling-house under a contract of sale in respect of which subsidy is payable;
        'reviewable decision' means a decision of the Secretary:
          (a) refusing to issue a notice of eligibility or a certificate of entitlement;
          (b) determining an amount under section 25;
          (c) cancelling subsidy under section 26;
          (d) giving the Bank a notice of the intended cancellation of subsidy under section 27;
          (e) requiring a person to pay an amount under section 29;
          (f) determining a maximum term under section 36;
          (g) refusing to extend the period for making an application for review under section 43; or
          (h) giving, or refusing to give, an approval under section 45a;
        'specified portfolio asset' has the same meaning as in the agreement;
        'subsidised advance' has the same meaning as in the agreement;
        'subsidy' means a subsidy payable under Part IV by the Commonwealth to the Bank, being an amount calculated and payable in the manner provided in the agreement;
        'the Bank' means Westpac Banking Corporation and, as the context requires and subject to the agreement, any body to which it assigns all or any of its