sch.2-sec.6Maximum loan amounts

### sch.2-sec.6 Maximum loan amounts Subject to subsection (2) , the maximum amount of a loan under the scheme for an eligible disaster for which the disaster recovery funding arrangements were activated before 13 January 2008 is— $100,000 for restocking; or $100,000 for meeting carry-on requirements. The total amount lent to an applicant under the scheme for an eligible disaster mentioned in subsection (1) must not be more than $150,000. Subject to subsections (4) and (5) , the total amount lent to an applicant under the scheme for any 1 eligible disaster for which the disaster recovery funding arrangements were activated on or after 13 January 2008 must not be more than $250,000. The total amount lent to an applicant under the scheme for the March–April 2025 Western Queensland flood disaster must not be more than $5m. The total amount lent to an applicant under the scheme for the December 2025–January 2026 North Queensland flood disaster must not be more than $2m. In this section— March–April 2025 Western Queensland flood disaster means the eligible disaster defined by the appropriate Minister, for the purpose of activating the disaster recovery funding arrangements, as ‘Communities within Western Queensland affected by Western Queensland Surface Trough and Associated Rainfall and Flooding Commencing 21 March – 19 May 2025’, as amended from time to time. December 2025–January 2026 North Queensland flood disaster means the eligible disaster defined by the appropriate Minister, for the purpose of activating the disaster recovery funding arrangements, as ‘Communities within North Queensland affected by North Queensland Monsoon Trough, Associated Tropical Cyclone Koji and Severe Weather commencing 24 December 2025’, as amended from time to time. sch 2 s 6 amd 2013 SL No. 19 s 6 ; 2018 SL No. 172 s 7 ; 2025 SL No. 120 s 5 ; 2026 SL No. 15 s 3 (sch.2-sec.6-ssec.1) Subject to subsection (2) , the maximum amount of a loan under the scheme for an eligible disaster for which the disaster recovery funding arrangements were activated before 13 January 2008 is— $100,000 for restocking; or $100,000 for meeting carry-on requirements. (sch.2-sec.6-ssec.2) The total amount lent to an applicant under the scheme for an eligible disaster mentioned in subsection (1) must not be more than $150,000. (sch.2-sec.6-ssec.3) Subject to subsections (4) and (5) , the total amount lent to an applicant under the scheme for any 1 eligible disaster for which the disaster recovery funding arrangements were activated on or after 13 January 2008 must not be more than $250,000. (sch.2-sec.6-ssec.4) The total amount lent to an applicant under the scheme for the March–April 2025 Western Queensland flood disaster must not be more than $5m. (sch.2-sec.6-ssec.5) The total amount lent to an applicant under the scheme for the December 2025–January 2026 North Queensland flood disaster must not be more than $2m. (sch.2-sec.6-ssec.6) In this section— March–April 2025 Western Queensland flood disaster means the eligible disaster defined by the appropriate Minister, for the purpose of activating the disaster recovery funding arrangements, as ‘Communities within Western Queensland affected by Western Queensland Surface Trough and Associated Rainfall and Flooding Commencing 21 March – 19 May 2025’, as amended from time to time. December 2025–January 2026 North Queensland flood disaster means the eligible disaster defined by the appropriate Minister, for the purpose of activating the disaster recovery funding arrangements, as ‘Communities within North Queensland affected by North Queensland Monsoon Trough, Associated Tropical Cyclone Koji and Severe Weather commencing 24 December 2025’, as amended from time to time. - (a) $100,000 for restocking; or - (b) $100,000 for meeting carry-on requirements.