National Consumer Credit Protection Act 2009
View history note
Hide history noteA Key Facts Sheet for a standard home loan is a document:
(a) that contains the information relating to the standard home loan that is required by the regulations; and
(b) that complies with any other requirements prescribed by the regulations.
133AB(2)
Without limiting paragraph (1)(a), regulations made for the purpose of that paragraph:
(a) may require a Key Facts Sheet for a standard home loan to contain information:
(i) that is specific to the consumer by whom the Key Facts Sheet is to be generated under section 133AC or to whom it is to be provided under section 133AD ; and
(ii) that relates to the cost or implications of the loan for the consumer; and
(b) may require information contained in a Key Facts Sheet for a standard home loan to be based on either or both of the following:
(i) information provided by the consumer;
(ii) particular assumptions.
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