Document ID: chunk:federal_register_of_legislation:C2004A03717:body:0:p37
Version: federal_register_of_legislation:C2004A03717
Segment Type: other
Provision Reference: 
Character Range: 91669–94641

made or not) and any prepayments of principal (excluding any moneys held pursuant to a loan interest offset arrangement), and
                (b) increased by the amount of Instalment Relief granted by the Bank pursuant to a Certificate of Entitlement.

SCHEDULE 1—continued

               Month: means a period commencing at the beginning of a day of one of the twelve (12) months of the year and ending immediately before the beginning of the corresponding day of the next month or, if there is no such corresponding day, ending at the expiration of the next month.
Other Portfolio Agreements:  means all guarantees for the payment of moneys due to the Corporation as mortgagee under Portfolio Mortgages including all mortgage insurance contracts, deeds of postponement between the Corporation as first mortgagee and subsequent registered interest holders, other agreements and acknowledgements collateral to the Portfolio Assets.

               Portfolio Arrears: means the total amount of principal and interest due and unpaid under all Specified Portfolio Assets and all Subsidised Advances.
               Portfolio Assets: means all Portfolio Mortgages, Portfolio Contracts of Sale, Portfolio Supplementary Agreements, Portfolio Land and Other Portfolio Agreements.
Portfolio Contracts of Sale:   means all existing contracts of sale as at the relevant Vesting Date entered into by the Corporation as vendor of the Portfolio Land.

               Portfolio Land: means land which is subject to a contract of sale pursuant to Part IV, or Sections 36, 48 or 48c of the Act and which is held by the Corporation as registered proprietor, or legal owner, or as a lessee under a Crown lease as at the relevant Vesting Date.
               Portfolio Mortgages: means all mortgages in which the Corporation has an interest as mortgagee as at the relevant Vesting Date, and includes all agreements and acknowledgements for further advances in accordance with the Act, all charges pursuant to Section 31 of the Act, and all mortgages to the Corporation as mortgagee pursuant to Section 36 or Section 48d of the Act.
Portfolio Supplementary Agreements:   means all rights and obligations of the Corporation pursuant to charges against Borrowers and acknowledgements by Borrowers pursuant to Section 18a (generally, land development costs) of the Act and agreements pursuant to Section 29aa and Section 29ab (generally, assistance to widows and others) of the Act and deeds of covenant between the Corporation as mortgagee and Borrowers or other persons.

SCHEDULE 1—continued

Potential Portfolio  means those assets which have not vested but which would have been Specified Portfolio had the relevant Vesting Dates fallen on 30 April 1989.
Assets:

            Rest Day: means in respect of a Specified Portfolio Asset, the 1st day of each month on which day principal and interest will be due and payable in respect of the relevant Subsidised Advance Loan Account or, in