BOND UNIVERSITY ACT 1987 - SECT 10 Student’s legal capacity re loans

BOND UNIVERSITY ACT 1987 - SECT 10

10 Student’s legal capacity re loans

In the event that the university company proposes to make loans to students of Bond University then, notwithstanding any Act or law to the contrary, a student of the university who has not attained the age of full legal capacity to whom a loan is to be so made shall be deemed to have full capacity in law—

(a) to contract for the loan and its repayment; and

(b) to execute all instruments of acknowledgment and securities in respect of the loan; and

(c) to incur all obligations provided by the contract or implied by law upon the borrower of a loan.