Document ID: chunk:federal_register_of_legislation:C2004A03717:body:0:p87
Version: federal_register_of_legislation:C2004A03717
Segment Type: other
Provision Reference: 
Character Range: 222991–226181

the dwelling-house or".
                        (c) Omit "transfer his interest or".
Subsection 36a (3)      (a) Omit "to transfer his interest to the Corporation or".
                        (b) After "section 36" insert "as that provision applies as a term or condition of a portfolio asset which vests in the Bank under section 6b of the Defence Service Homes Act 1918".
Subsection 38 (4d)      (a) Omit "by reason of an advance or sale by the Corporation".
                        (b) Omit from paragraph (a) "Corporation", substitute "Defence Service Homes Insurance Scheme".
                        (c) Insert in paragraph (b) "or is approved by the Bank from time to time" after "with the Corporation".
Subsection 38 (4e)      (a) Omit "(4d)", substitute "38 (4d) of the Defence Service Homes Act 1918 (as in force before the commencement of section 10 of the Defence Service Homes Amendment Act 1988) as a term or condition under section 6b of that Act as in force on or after that commencement".
                        (b) Omit "with the Corporation", substitute "under the Defence Service Homes Insurance Scheme".
                        (c) Omit "to the Corporation" (second time occurring), substitute "to the Commonwealth".
                        (d) Omit "by the Corporation", substitute "under the Defence Service Homes Insurance Scheme".

SCHEDULE 2—continued

Provision           Modification
Subsection 43 (1)      (a) Omit "by this Act", substitute "in relation to a contract of sale, mortgage or other security".
                       (b) Omit from paragraph (a) "purchased from, or in respect of which an advance has been made by, the Corporation", substitute "secured by the contract of sale, mortgage or other security".
                       (c) Omit from subparagraph (b) (ii) "purchased from, or in respect of which an advance has been made by, the Corporation", substitute "secured by the contract of sale, mortgage or other security".
Subsection 43 (2)       (a) Omit "this Act or the Regulations", substitute "a contract of sale, mortgage or other security",
                       (b) Omit "by the holder of an office specified by the Corporation by notice published in the Gazette", substitute "by an officer of the Bank".
Section 44          Omit "Notwithstanding any other provision of this Act, where", substitute "Where".
Section 45          —
Section 46          —
Section 48ab           (a) Omit from subsection (1) "The Minister may, either generally or with respect to a particular case or a particular class of cases, give directions to the Corporation with respect to the payment by the Corporation of rates,", substitute "The Bank may pay rates, insurance premiums,".
                       (b) Omit from subsection (2) "in accordance with a direction under the last preceding subsection".
                       (c) Omit from paragraph (2) (b) "at 10 per centum per annum", substitute "at such rate as the Bank determines".
Section 48b          —
Section 48c         —

SCHEDULE 2—continued

Provision       Modification
Section 49      —
                Defence Service Homes Regulations
Regulation 9       (a) After "of the Act" insert "as