Australian Capital Territory Numbered Regulations

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CREDIT REGULATIONS (AMENDMENT) (NO. 25 OF 1991) - REG 7

7. After regulation 25 of the Principal Regulations the following regulation is inserted:

Prescribed insurance risks

“25A. For the purposes of subparagraph 1 (e) (viii) of Schedule 2 to the Act and subparagraph 1 (b) (vii) of Schedule 4 to the Act, mechanical breakdown or failure of goods subject to a regulated contract or a regulated mortgage is a prescribed risk.”.

Schedules

8. (1) Schedule 3 to the Principal Regulations is amended by inserting “, unemployment” after “disability” in paragraph (h) of column 2 of item 6.

(2) Schedule 4 to the Principal Regulations is amended by inserting “, unemployment” after “disability” in paragraph (c) of column 2 of item 4.

(3) Schedule 6 to the Principal Regulations is amended by inserting “, unemployment” after “disability” in paragraph (f) of column 2 of item 3.

(4) The amendments effected by this regulation shall be taken to have commenced on 28 February 1985.
   



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