Document ID: chunk:federal_register_of_legislation:C2004A03717:body:0:p83
Version: federal_register_of_legislation:C2004A03717
Segment Type: other
Provision Reference: 
Character Range: 212141–215109

secured property, dwelling-house or any other building or structure on the secured property;
        (v) repairing, maintaining or extending the dwelling-house or any other building or structure on the secured property;
        (vi) installing fixtures on or in the, the dwelling-house or any other building or structure on the secured property; or
        (vii) in the case of a dwelling-house shown as a unit or lot on a plan registered or deposited under a law of a State or Territory relating to strata titles, stratum titles, unit titles or building units titles—the provisions of that law relating to payments by the borrower to the body corporate incorporated under that law in consequence of the registration or deposit of that plan;
    (d) for discharging, wholly or partly, the outstanding liability of the Borrower under the relevant Corporation Advance, Subsidised Advance or Portfolio Contract of Sale;
    (e) for paying any fees or charges payable by the Borrower to the Bank or to the Commonwealth in relation to any application under the Defence Service Homes Act or this Agreement;
    (f) for transferring money from one form of Excess Credit arrangement to another.
    ——————

SCHEDULE 2 Section 16
             NEW SCHEDULE 2 TO BE INSERTED IN PRINCIPAL ACT

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SCHEDULE 2 Subsection 6b (9)
PROVISIONS OF DEFENCE SERVICE HOMES ACT AND REGULATIONS APPLYING AS TERMS AND CONDITIONS OF VESTED PORTFOLIO ASSETS
Defence Service Homes Act 1918
Provision            Modification
Subsection 4a (2)      (a) Omit "Any such husband and wife", substitute "A husband and wife who are joint tenants".
                       (b) Omit "an eligible person", substitute "a".
                       (c) Omit "this Act", substitute "the mortgage, contract of sale or other security".

Subsection 18a (3)   Omit "The cost so allotted", substitute "The cost allotted to a dwelling-house by the Corporation under subsection 18a (1) of the Defence Service Homes Act 1918 as in force before the commencement of section 10 of the Defence Service Homes Amendment Act 1988 for the making of roads or other facilities affording access to the dwelling-house or for connecting sewerage, drainage, water, gas and electric power and lighting systems to the dwelling-house".
Subsection 18a (3a)  —
Subsection 18a (3b)  —
Subsection 18a (4)     (a) After "section 36" insert "as that provision applies as a term or condition of a portfolio asset which vests in the Bank under subsection 6b (9) of the Defence Service Homes Act 1918".
                       (b) Omit "or advance under this Act", substitute ", mortgage or other security".

SCHEDULE 2—continued

Provision   Modification
Section 19    (a) Omit subsections (1), (1a), (2), (3) and (4).
              (b) Omit from subsection (6) "to the Corporation".
              (c) Insert in subsection (6) "as those provisions apply as terms or conditions of a portfolio asset which vests in the Bank under subsection 6b