QLDIn ForceRegulation
Housing Regulation 2015
sec.10Using funded property as security
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sec.10 Using funded property as security
A funded provider must not use funded property as security for a loan unless— the funded provider is— a registered provider; and a company registered under the Corporations Act ; and the chief executive gives the funded provider written approval to use the funded property as security for the loan.
- (a) the funded provider is— (i) a registered provider; and (ii) a company registered under the Corporations Act ; and
- (i) a registered provider; and
- (ii) a company registered under the Corporations Act ; and
- (b) the chief executive gives the funded provider written approval to use the funded property as security for the loan.
- (i) a registered provider; and
- (ii) a company registered under the Corporations Act ; and