Document ID: chunk:federal_register_of_legislation:F2024L01733:reg:13
Version: federal_register_of_legislation:F2024L01733
Segment Type: reg
Provision Reference: reg 13
Character Range: 11632–12315

13  Processes in certain circumstances
  The policies and procedures of the borrowing institution or its parent must set out:
 (a) the consultation processes that will be used by the borrowing institution or its parent in relation to the proposed loan of an object to which Part 2 of the Act will apply, if the object is one in relation to which consultation must be undertaken in accordance with subsection 11(2) or section 12 of this instrument; and
 (b) the processes that will be followed by the borrowing institution or its parent when a person, organisation or body consulted in accordance with subsection 11(2) or section 12 does not support the proposed loan of the object.