Commonwealth Numbered Regulations

FINANCIAL SECTOR REFORM (HAYNE ROYAL COMMISSION RESPONSE--PROTECTING CONSUMERS) (MORTGAGE BROKERS) REGULATIONS 2020 (F2020L01189)

TABLE OF PROVISIONS

   1.      Name  
   2.      Commencement  
   3.      Authority  
   4.      Schedules  

   PART 3.9----MORTGAGE BROKERS AND MORTGAGE INTERMEDIARIES

           Division 1--Interpretation

   28V.    References to providing credit services to a consumer  
   28VA.   Meaning of amount of credit  

           Division 2--What is conflicted remuneration

   28VB.   Monetary benefit given in certain circumstances not conflicted remuneration  
   28VC.   Benefits to which the drawdown cap applies  
   28VD.   Working out the maximum drawdown net of offset for a credit contract  
   28VE.   Volume-based benefits  
   28VF.   Campaign-based benefits  
   28VG.   Clawback requirements  
   28VH.   Non-monetary benefit given in certain circumstances not conflicted remuneration  

           Division 3--Circumstances in which conflicted remuneration must not be accepted

   28VI.   Circumstances in which a licensee must not accept conflicted remuneration  
   28VJ.   Circumstances in which a credit representative must not accept conflicted remuneration  

           Division 4--Circumstances in which conflicted remuneration must not be given

   28VK.   Circumstances in which an employer must not give conflicted remuneration  
   28VL.   Circumstances in which a credit provider must not give conflicted remuneration  
   28VM.   Circumstances in which a mortgage intermediary must not give conflicted remuneration