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Regional Investment Corporation (Plantation Development Concessional Loans) Rules 2021
No longer in force
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Administered by
Department of Agriculture, Fisheries and Forestry
This item is authorised by the following title:
Regional Investment Corporation Act 2018
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F2021L01699
03 December 2021
-
08 November 2024
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Part 1—Preliminary
1 Name
2 Commencement
3 Authority
4 Definitions
5 What is an eligible business?
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Part 2—Plantation Loans Program
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Division 1—Prescribing Plantation Loans Program
6 Plantation Loans Program prescribed
7 Constitutional basis for program
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Division 2—Making plantation loans
8 Plantation loans to be made only on application
9 Preconditions for making plantation loans
10 Amount of loan
11 Capacity to repay loan and provide security
12 Informing applicants of outcome of applications for plantation loans
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Division 3—Determining terms and conditions of plantation loans
13 Extra terms and conditions of plantation loans
14 Setting interest rates
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Division 4—Collecting and dealing with payments and enforcing security
15 Corporation to pay amounts collected to Commonwealth
16 Decisions on foreclosure to be made by Board
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Division 5—Dealing with debt relating to plantation loans
17 Mediation
18 Waiver
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Division 6—Reporting to responsible Ministers
19 Quarterly reporting
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Division 7—Funding of plantation loans
20 Funding of plantation loans
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Division 8—Other matters relating to program
21 Charging of transaction costs
22 Directions by responsible Ministers
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Part 3—Other functions relating to program
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Division 1—Corporation functions
23 Preparing and publishing guidelines relating to program
24 Providing information and advice to responsible Ministers
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Division 2—Board functions
25 Ensuring internal review of decisions about loans
26 Setting interest rates
27 Developing and applying loan management policies and procedures
