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Homes Tasmania Act 2022
82How advances repayable
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82 How advances repayable
(1) Subject to subsection (2) , repayments of an advance must be made in monthly or quarterly instalments in accordance with –
(a) the mortgage executed at the time of the advance; or
(b) the terms and conditions of the advance.
(2) The period over which repayments of an advance are to be made must not be more than 53 years.