Document ID: chunk:federal_register_of_legislation:C2024C00682:schedule:1:p37
Version: federal_register_of_legislation:C2024C00682
Segment Type: schedule
Provision Reference: sch 1 (pt 37/50)
Character Range: 162279–164969

occupation of the house by the Entitled Person or family (if applicable)
  – if applicable a statement that the person signing the Part is a delegate of the Secretary under the Act

Part D
 Part D shall be in the form specified in Schedule C

 Instructions
Suitable instructions on the completion of the Application for Payment of Subsidy form and the nature of supporting documents required will be made available with the form to assist Entitled Persons.
GRANT OF APPROVAL—LOAN INCREASES
A Grant of Approval—Loan Increases will include the following particulars:
  – name of the Subsidised Borrower
  – name of a spouse joined on Title (if any)
  – a unique identifying number relating to the Grant of Approval
  – date of the approval (noting that the Grant of Approval will only be valid for 12 months)
  – the branch of the Bank where the Subsidised Loan Account is held
  – the Subsidised Loan Account number
  – the maximum and minimum amounts by which the Subsidised Loan may be increased and attract Subsidy on that increase
  – the address of the Property securing the Subsidised Loan

GRANT OF APPROVAL—TRANSFERS
A Grant of Approval relating to Transfers will include the following details:
  – name of the Subsidised Borrower who MUST remain on Title if Subsidy is to continue
  – name of the Subsidised Borrower's spouse who may be joined on the Title as a joint tenant or separated from the Title as the case may be
  – a unique indentifying number relating to this Grant of Approval
  – date of the Grant of Approval
  – the branch of the Bank where the Subsidised Loan Account is held
  – the Subsidised Loan Account number
Schedule C

PART D—CERTIFICATE BY BANK MANAGER

I,....................., manager of the......................              branch of the National Australia Bank certify that:
      (1) the security offered for the Subsidised Loan ("the loan") is the property named in Part B and the Subsidised Loan is secured by a first mortgage over this property;
      (2) the persons specified in Part A ("the applicants") are the sole proprietors, or joint tenants, of the property specified in Part B;
      (3) (a) the Applicants have informed the Bank that the funds advanced under the Subsidised Loan are to be used to do one or more of the following things:
          (i) to buy land and build the house to which the loan relates on the land;
          (ii) to build the house on land already owned by the person;
          (iii) to buy the house together with the land on which it is built;
          (iv) if the house was partly built and already owned by the person—to complete the house;
          (v) if the house was complete and already owned by