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Rural and Regional Adjustment Regulation 2011
sch.24-sec.3AMeaning of eligible commercial loan
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### sch.24-sec.3A Meaning of eligible commercial loan
An eligible commercial loan is a loan obtained from a financial institution, other than any of the following types of loans—
off-balance sheet financing;
a short-term credit facility;
credit card, line of credit, overdraft facility
a loan established at a concessional rate under a Commonwealth or State government scheme;
an equipment finance loan.
sch 24 s 3A ins 2020 SL No. 214 s 6
(sch.24-sec.3A-ssec) An eligible commercial loan is a loan obtained from a financial institution, other than any of the following types of loans— off-balance sheet financing; a short-term credit facility; credit card, line of credit, overdraft facility a loan established at a concessional rate under a Commonwealth or State government scheme; an equipment finance loan.
- (a) off-balance sheet financing;
- (b) a short-term credit facility; Examples— credit card, line of credit, overdraft facility
- (c) a loan established at a concessional rate under a Commonwealth or State government scheme;
- (d) an equipment finance loan.