Queensland Consolidated Acts

CREDIT (RURAL FINANCE) ACT 1996

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title
   2.      Commencement
   3.      Definitions and dictionary
   4.      Purpose of Act
   5.      Application of Act
   6.      Courts with jurisdiction under this Act

   PART 2--DEFAULT NOTICE

   7.      Mortgagee must give default notice
   8.      Requirements for default notice
   9.      Exception to s 7--further default during notice period
   10.     Exception to s 7--taking possession to protect equipment
   11.     Other exceptions to s 7
   12.     Onus on mortgagee to show s 7 does not apply

   PART 3--RELIEVING ORDER

   13.     Mortgagor may apply for a relieving order
   14.     Notice of application
   15.     Effect of serving notice of application
   16.     Court may make relieving order
   17.     Compliance with relieving order

   PART 3A-- PARTICULAR provisions for HIRE-PURCHASE AGREEMENTS WHERE FARM EQUIPMENT IS REPOSSESSED

   17A.    Application of pt 3A
   17B.    Meaning of "hire-purchase agreement"
   17C.    Mortgagee must give notice of best price estimate and expenses
   17D.    Action after notice given to mortgagee
   17E.    Return of farm equipment when breach remedied
   17F.    Return of farm equipment when breach not remedied
   17G.    Effect of breaches being remedied
   17H.    Amount mortgagor may recover if farm equipment is not returned
   17I.    Maximum amount mortgagee may recover
   17J.    Mortgagee to obtain best price

   PART 4--MISCELLANEOUS

   18.     Compensation for noncompliance by mortgagee
   19.     This Act in addition to other laws
   20.     Contracting out
   21.     Service of notices on each mortgagee, mortgagor or guarantor
   23.     Regulation-making power
           SCHEDULE
           ENDNOTES