Document ID: chunk:federal_register_of_legislation:C2004A04978:body:0:p3
Version: federal_register_of_legislation:C2004A04978
Segment Type: other
Provision Reference: 
Character Range: 5094–7702

Subsection (2A) does not apply in relation to a person who, during the Second World War, was:

   (a) a member of the Women's Royal Australian; Naval Service, the Australian Women's Auxiliary Australian Air Force; or

SCHEDULE 1—continued

    (b) a member of the Australian Army Medical Women's Service, other than a member of the Australian Imperial Force; or

   (c) a full-time paid member of the Voluntary Aid Detachment.

"(2AB) For the purposes of the definitions of further advance and initial advance in subsection 4(1), a person of a kind referred to in subsection (2AA) is not taken to have been a purchaser or borrower, merely because the person previously became a purchaser or borrower on the basis that:

    (a) the person's husband is or was an eligible person, and as a result they were, under subsection 4A(1), treated together as an eligible person for the purposes of this Act; or

    (b) the person's husband was an eligible person, and the person became an eligible person because her husband died; or

  (c) the person is an eligible person because she is a dependent parent.".

13. Section 4:

Add at the end:

"(9) A reference in this Act to an advance that a person may seek from the Bank, includes a reference to such an advance that a person may seek from the Bank on behalf of an assignee, or a proposed assignee, of the person.

"(10) A reference in this Act to an assignee of a person is a reference to another person in relation to whom the first-mentioned person is an assignor.

"(11) For the purposes of the definitions of further advance and initial advance in subsection 4(1), if the subsidised advance in question is an assigned advance in respect of an assignor:

    (a) a reference in those definitions to the person to whom the advance in question is made is a reference to the assignee; and

    (b) the assignee is not taken to have previously been a purchaser or borrower merely because the assignee previously became a purchaser or borrower, either as an eligible person in his or her own right or as an assignee in relation to another assignor.

"(12) For the purposes of paragraph (b) of the definition of further advance in subsection 4(1), a person is not taken to have been a purchaser or borrower immediately before an assigned advance is made, merely because the person is a purchaser or borrower, as an assignee, in relation to an assignor other than the one in question.

"(13) For the purposes of the definitions of further advance and initial advance in subsection 4(1), a person who has been an assignor is taken to have been a borrower unless the