Document ID: chunk:federal_register_of_legislation:C2025C00096:section:4:p9
Version: federal_register_of_legislation:C2025C00096
Segment Type: section
Provision Reference: s 4 (pt 9/14)
Character Range: 25812–28484

respect of the advance.
subsidised advance loan account means:
 (a) an account established by the Bank for the purpose of administering a specified portfolio asset; or
 (b) an account established by any credit provider for the purpose of administering a subsidised advance.
subsidy means a subsidy payable under Part IV by the Commonwealth to a credit provider, being an amount calculated and payable in the manner provided in the agreement.
supplementary agreement means an agreement between the Commonwealth and the Bank, whether or not set out in a Schedule to this Act, that:
 (a) amends the Bank agreement; and
 (b) is expressed to be a supplementary agreement to the Bank agreement;
as varied and in force from time to time.
Territory means a Territory in which this Act applies or to which this Act extends.
the agreement means whichever of the following agreements or arrangements is applicable in the circumstances:
 (a) the Bank agreement;
 (b) an agreement or arrangement in force between the Commonwealth and a credit provider other than the Bank for the provision by the credit provider of subsidised advances or other benefits under this Act.
the Bank means Westpac Banking Corporation and, as the context requires and subject to the Bank agreement, any body to which it assigns all or any of its rights or obligations under the Bank agreement, the portfolio assets or subsidised advances or any security for those advances, as provided by the Bank agreement.
the Bank agreement means the agreement made between the Commonwealth and the Bank on 9 November 1988, a copy of which is set out in Schedule 1, as varied or affected by a supplementary agreement or otherwise, and as in force from time to time.
transferee means a person to whom a certificate of entitlement has been issued under section 22.
vesting date, in relation to the portfolio assets in a State or Territory, means the date determined by the Minister under section 6B in relation to those assets.
warlike service has the same meaning as in the Veterans' Entitlements Act 1986.
War worker means a person, who, during the First World War, entered into an agreement with the Commonwealth to proceed to Great Britain for the purpose of engaging in work as a labourer, fettler or navvy for the Imperial Government or otherwise and engaged in such work, and whose agreement with the Commonwealth or the Minister of State for Defence was not determined by reason of his failure to observe and perform any term or condition contained in the agreement, or by reason of his dismissal from any work in Great Britain during the continuance of the agreement because of any conduct of the worker which, in