QLDIn ForceRegulation
Rural and Regional Adjustment Regulation 2011
sch.2-sec.9Security
Start here
Get a plain-English read of sch.2-sec.9
Turn the raw legal text into a practical explanation grounded in Rural and Regional Adjustment Regulation 2011.
### sch.2-sec.9 Security
If an applicant is granted a loan under the scheme, the applicant must give security for the loan.
The security required is—
a mortgage of land or other assets, commensurate with the amount of the loan; and
other security, if any, the authority considers necessary, including, for example, a crop lien or stock mortgage.
(sch.2-sec.9-ssec.1) If an applicant is granted a loan under the scheme, the applicant must give security for the loan.
(sch.2-sec.9-ssec.2) The security required is— a mortgage of land or other assets, commensurate with the amount of the loan; and other security, if any, the authority considers necessary, including, for example, a crop lien or stock mortgage.
- (a) a mortgage of land or other assets, commensurate with the amount of the loan; and
- (b) other security, if any, the authority considers necessary, including, for example, a crop lien or stock mortgage.