New South Wales Consolidated Acts

HOMEFUND RESTRUCTURING ACT 1993 - SECT 3

3 Definitions

(1) In this Act:
"determination" means a determination under Part 5 of the HomeFund Commissioner Act 1993 .
"exercise" of a function includes, if the function is a duty, the performance of the duty.
"FANMAC" means First Australian National Mortgage Acceptance Corporation Limited.
"FANMAC trustee" means the trustee of funds raised from time to time by FANMAC for the purposes of home lending.
"function" includes a power, authority or duty.
"Home Purchase Assistance Authority" means the body of that name constituted under the Home Purchase Assistance Authority Act 1993 (as in force before its repeal).
"HomeFund borrower" means the mortgagor under a HomeFund mortgage or the guarantor under an associated contract of guarantee, but does not include a person who has ceased to be such a mortgagor or guarantor.
"HomeFund Commissioner" means the HomeFund Commissioner appointed under the HomeFund Commissioner Act 1993 .
"HomeFund mortgage" means a mortgage executed by Permanent Trustee Company Limited as mortgagee in its capacity as FANMAC trustee, and includes:

(a) the credit contract secured by such a mortgage, and

(b) any contract of guarantee or other contract associated with such a mortgage or credit contract.

"mortgage" has the same meaning as in the Conveyancing Act 1919 .
"New South Wales Land and Housing Corporation" means the New South Wales Land and Housing Corporation constituted under the Housing Act 2001 .
"restructuring scheme" means the scheme referred to in section 6 and Schedule 1.

(2) This Act does not apply to a HomeFund mortgage described as a State Partnership Loan, a Rent-buy Loan or an Aged-persons Update Loan.