Document ID: chunk:federal_register_of_legislation:C2025C00096:schedule:1:p49
Version: federal_register_of_legislation:C2025C00096
Segment Type: schedule
Provision Reference: sch 1 (pt 49/51)
Character Range: 287422–290664

hard copy of the information contained on the computer tapes referred to immediately above.
      Time of Supply
   The computer tapes are to be supplied on the morning of the first business day immediately following the relevant Vesting Date. The hard copy of the information contained on the Computer Tapes to be supplied within 2 weeks of the day of supply of the said tapes.

SCHEDULE "C"

The Bank's lending criteria are:
   (a) Income
       (i) As a general principle the amount of repayments should not exceed 25% of the gross income of the applicant or Entitled Applicant.
       (ii) Where application is being made for a Subsidised Advance together with a further loan, repayments on both advances should not exceed 25% of the gross income of the applicant or Entitled Applicant.
       (iii) The 25 per cent of gross income rule referred to in (i) and (ii) above constitutes a broad general rule only and each case must be considered on its merits, including the amount of residual income available after meeting commitments.
   (b) Commitments
   Known commitments of an applicant or Entitled Applicant will be taken into consideration in determining the capacity of an applicant or Entitled Applicant to meet the repayments.
   (c) The applicant or Entitled Applicant will be generally required to meet a reasonable deposit/equity ratio. As a general guideline 10 per cent of the total cost/value of the property may be considered a reasonable deposit.

SCHEDULE "D"

INFORMATION TO BE PROVIDED BY THE BANK ON A MONTHLY BASIS

   A. MONTHLY SUBSIDY REPORT ON SPECIFIED PORTFOLIO ASSETS AND SUBSIDISED ADVANCES (TO BE SUPPLIED BY COMPUTER TAPE)
   Particulars
   Subsidy Scheme (Commonwealth) File Number
   Account Name (full name(s) of borrowers)
   Account Number (includes Bank State Branch number)

   B. MONTHLY SUBSIDY REPORT—VARIATIONS IN INTEREST ON SPECIFIED PORTFOLIO ASSETS AND BANK ADVANCES (TO BE SUPPLIED ON COMPUTER TAPE)
   Particulars
   Subsidy Scheme (Commonwealth) File Number
   Account Name (full name(s) of borrowers)
   Account Number

   Open/Closed dates
                Variations reason i.e. New Account
                 Repaid
                 Adjustment

   C. SUBSIDY INVOICE—MONTHLY SUMMARY OF SUBSIDY CLAIMS (TO BE SUPPLIED ON COMPUTER TAPE AND PAPER)
   Particulars
   Total Limits
   Total Balances
   Benchmark accruals
   Interest accruals
   Subsidy sub‑total
   Less arrears adjustment (if any)
   Subsidy sub‑total
   Loan variations since previous month
      * Plus new loans
      * Less repaid loans
   Subsidy adjustments from previous month (plus/minus)
   Next subsidy due

   D. REPORT ON RETURN COPY OF CERTIFICATE OF ENTITLEMENT
   Particulars—Subsidised Advances and Instalment Relief
   Subsidy Scheme (Commonwealth) File Number Account Name (full name(s) of borrowers)
   Subsidised Advances
    Date of settlement
    Date and amount of progress payments
    Term of Advance
    Source of unsubsidised borrowing (i.e. Bank/Other)
    Amount of unsubsidised borrowing by source
    Consideration of property acquired/capital cost for extensions
    Certification
    Instalment Relief only:
    Date of settlement
    Certification

   E. REPORT—INDIVIDUAL ADVICE