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National Consumer Credit Protection Regulations 2010
28LDReverse mortgages—projections of home equity
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#### 28LD Reverse mortgages—projections of home equity
(1) For the purposes of paragraph 133DB(1)(a) of the Act, a projection may be given by the licensee or special purpose funding entity to the consumer in the following way:
(a) by mail;
(b) by email;
(c) by another form of written or electronic communication agreed to by the consumer.
(2) For the purposes of subparagraph 133DB(1)(a)(ii) of the Act, the licensee or special purpose funding entity must make the projections in accordance with any instructions for the making of the projections included on the website approved by ASIC for that subparagraph.