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Defence Force (Home Loans Assistance) Act 1990

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
advanced amount

means the amount advanced to a person by the Bank under a subsidised loan.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
agreement

means the made between the Commonwealth and the Bank on 5 November 1990 (a copy of which is set out in Schedule 1), as that is in force from time to time.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
approved form

means a form approved by the Secretary for the purpose of the provision in which the expression is used.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
Bank

means National Australia Limited, or any person or body to whom it assigns all or any of its rights or obligations under the agreement.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
basic service period

means:

(a) in relation to a person covered by subparagraph (a)(i) of the definition of

eligible person

either:

(i) 5 years of effective fulltime service; or

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 5 Ownership of house
Defence Force (Home Loans Assistance) Act 1990 - 2 Commencement
Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
benchmark rate

has the same meaning as in the agreement.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
child

, in relation to a person, means a , step or legally adopted of the person who is:

(a) under 16; or

(b) a student.

Defence Force (Home Loans Assistance) Act 1990
commencing day

means the day on which Part 2 commences.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
composite service

, in relation to a person who has completed a period of effective fulltime service and a period of statutory training obligation without a break between the periods, means a period of service that is worked out as follows:

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
continuous fulltime service

means an unbroken period of fulltime service by a member in the Defence Force.

Note: See section 7 for some special circumstances in which a period of fulltime service is taken to have been broken.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 7 Breaking continuity of service
Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
de facto partner

: see section 2D.

Acts Interpretation Act 1901 Acts Interpretation Act 1901 - 2B Definitions
Acts Interpretation Act 1901 - 2D References to de facto partners
effective fulltime service

means a period of continuous fulltime service by a member, other than:

(a) a period longer than 21 consecutive days during which the member is:

(i) on leave of absence without pay; or

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
effective fulltime service years

means the years of effective fulltime service completed by a person.

Example 1: If a person completes 7 years of statutory training obligation and 1 year of effective fulltime servicethe persons years of composite service are:

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
eligible person

means:

(a) a person who:

(i) is a nonDSH member (other than an operational service member, a warlike service member, a rejoining member or a person covered by paragraph (b) or (d)); and

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
Defence Force (Home Loans Assistance) Act 1990 - 5 Ownership of house
entitled person

means a person who is the holder of an entitlement certificate that is in force.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
entitlement certificate

means a certificate issued under Part 2.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
Family Court

means the of Australia.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
finishing day

means 31 December 2006.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 12 Criteria for issue of certificate
Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
government authority

means an authority (including a local governing body) established for a public purpose by or under a law of the Commonwealth, or of a State or Territory.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions
holder

, in relation to an entitlement certificate, means the person to whom the certificate was issued.

Defence Force (Home Loans Assistance) Act 1990 Defence Force (Home Loans Assistance) Act 1990 - 3 Definitions

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