Document ID: chunk:federal_register_of_legislation:F2021C00174:reg:3:p12
Version: federal_register_of_legislation:F2021C00174
Segment Type: reg
Provision Reference: reg 3 (pt 12/29)
Character Range: 78831–81895

table is set out above and is provided to help you understand what it will cost you to stay at our most popular accommodation choice for one week during the high season for each PAYG membership option. This example is for illustrative purposes only and there is no guarantee that specific accommodation will be available for the dates used in the example. The number of PAYG points you will need to buy to stay at particular scheme accommodation might depend on many factors including the location, facilities, duration of stay, time of year and the days of the week of a stay. You can find a full list of the number and value of PAYG points currently needed for each accommodation choice at [insert cross-reference to location of this information].

             203 Interval-based programs

           What do you have to pay upfront?

           This table shows you the cost to purchase a membership in the scheme for a fixed period or a floating period.

           [Insert paragraph if relevant] The table also shows the upfront fees you will be charged if you choose to enter into a financing arrangement facilitated by the responsible entity. You may choose to obtain your own financing which is subject to costs not disclosed in this table.

           Purchase Price and Upfront Fees and Costs Summary

Period (week number(s) of calendar year)  Interval (range of dates)                               Purchase price (incl. upfront fees)1  [Insert column if relevant] Additional amounts under financing arrangement2

Upfront finance costs                     Total cost of membership (incl. upfront finance costs)

[Insert period(s)]

            1 This includes an establishment fee of [insert amount]. The proceeds from the purchase price will be paid to [insert details of payee]. For further information, refer to the Additional Explanation of Fees and Costs at [insert page(s)].]

            2  [Insert paragraph if relevant] The Additional amounts under financing arrangement includes an establishment fee of [insert amount], [insert name of any other fee and amount] and finance application fee of [insert amount] if you choose to enter into a financing arrangement facilitated by the responsible entity. For further information, refer to the Additional Explanation of Fees and Costs at [insert page(s)]

           Division 2—How to fill in the Purchase Price and Upfront Fees and Costs Summary

           204 The preamble

              The material in the preamble to the template should only include matters that are relevant to the interest or class of interest offered under the Product Disclosure Statement.

                      Example 1: If an interval-based program is for a fixed period, remove references to floating periods.

                      Example 2: If a points-based program does not offer different membership options, remove the reference to different membership options.

                      Example 3: If a financing arrangement is not offered, the preamble should be modified by removing references