Notices to Subscribers
The Model Operating Requirements (MOR) and the respective Operating Requirements in each State and Territory provide for the Registrar to issue Notices to ELNOs for distribution to their Subscribers. Participation Rule Waivers providing relief for Subscribers from the Participation Rules in a jurisdiction are issued to ELNOs as Notices to Subscribers.
Notices to Subscribers are used to bring compliance issues to the attention of Subscribers generally.
They are re-published here for reference purposes.
|Notice to Subscribers 2016-NS2
This Notice brings to the attention of Subscribers that when they are acting as a mortgagee, or as a Representative of a mortgagee, in signing an electronic mortgage they, or the mortgagee, must hold a mortgage granted by the mortgagor on the same terms as the electronic mortgage.
|Notice to Subscribers 2016-NS1
This Notice brings to the attention of Subscribers that when they are acting as a Representative they can only sign electronic instruments on behalf of their own clients from whom they have, if necessary, obtained a Client Authorisation.