Document ID: chunk:federal_register_of_legislation:F2024C00882:schedule:3:p2
Version: federal_register_of_legislation:F2024C00882
Segment Type: schedule
Provision Reference: sch 3 (pt 2/2)
Character Range: 507292–508268

lessor in relation to a consumer lease or proposed consumer lease; or
 (iii) a mortgagee in relation to a mortgage or proposed mortgage; or
 (iv) a person who is a beneficiary of a guarantee or proposed guarantee in relation to the guarantee or proposed guarantee.
special purpose funding entity means a fund raising special purpose entity or a securitisation entity.

3.5  Subsection 29(4)
omit

3.6  Subsection 45(1), including the subheading
substitute

ASIC may impose, vary or revoke conditions on licensee who is party to a servicing agreement
 (1) ASIC may, at any time:
 (a) impose conditions or additional conditions on a licensee who is a party to a servicing agreement with a special purpose funding entity, including a condition requiring the licensee to cease engaging in a credit activity on behalf of a special purpose funding entity; and
 (b) vary or revoke conditions imposed on the licensee.

3.7  Section 46
omit

3.8  Before section 74
insert in Division 4