Queensland Consolidated Regulations(1) For the purposes of section 86(2) of the Code, part 5, division 3 of the Code does not apply to a credit contract in respect of which the maximum amount of credit that is or may be provided is more than an amount equal to 110% of the amount of the average loan size for new dwellings in New South Wales.
(2) In this section--
average loan size for new dwellings in New South Wales means the average loan size for the purchase of new dwellings in New South Wales as set out in the Table of Housing Finance Commitments in the publication entitled Housing Finance, Australia, as published from time to time by the Australian Bureau of Statistics.