Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 7.9.30B

                For paragraph 1017D (5) (g) of the Act, a periodic statement for a holder of a financial product must include the following details about the margin lending facility:

                (a)    the outstanding loan amount;

               (b)    the loan credit limit;

                (c)    the current interest rate, and any changes to the interest rate since the last statement was provided;

               (d)    an itemised list of the property by which the credit is secured, including:

                          (i)    the value of each item used for calculating the current LVR; and

                         (ii)    the loan to value ratio (if any) of each property item listed;

                (e)    a summary of the loan to security ratios, showing separately:

                          (i)    the allowable loan to security ratio; and

                         (ii)    the maximum loan to security ratio, including any buffer allowed under the terms of the facility; and

                        (iii)    the current LVR;

                (f)    a summary of all transactions affecting the margin lending facility during the reporting period.