Participation Rule Waivers - New South Wales
The Participation Rule Waivers for New South Wales listed below were first published by the Registrar in New South Wales and are re-published here with consent and for convenience.
The Version Number aligns with the Version Number of the Participation Rules applying in New South Wales when the waiver was granted.
The description provided with each waiver indicates the nature of the relief granted from compliance with the Participation Rules in New South Wales applying between the Effective from and to dates.
If there is no Effective to date listed, the waiver remains effective.
| Effective from | Effective to | ||
|---|---|---|---|
| Version 3 | NSW Participation Rules Waiver PR1-2016 This waiver provides non-ADI mortgage lenders with conditional relief from compliance with the NSW Participation Rule requiring compliance with the Insurance Rules for Subscribers. |
26/08/2016 | 17/11/2016 |
| NSW Participation Rules Waiver PR2-2016 This waiver provides non-ADI mortgage lenders who hold an Australian Credit licence and Credit Representatives of an Australian Credit licence holder with conditional relief from compliance with the NSW Participation Rule requiring compliance with the Insurance Rules for Subscribers and replaces NSW Participation Rules Waiver PR1-2016. |
18/11/2016 | ||
| NSW Participation Rules Waiver PR2-2015 This waiver provides Subscribers with temporary relief from the NSW Participation Rule requiring use of amended certifications #3 and #5 in Schedule 3. |
09/11/2015 | ||
| Version 2 | NSW Participation Rules Waiver PR1-2014 This waiver provides Subscribers with relief from compliance with the NSW Participation Rule requiring use of Certification #5 in Schedule 3. |
01/10/2014 | 14/11/2014 |
| NSW Participation Rules Waiver PR1-2015 This waiver provides Subscribers with relief from compliance with the NSW Participation Rule requiring identity verification of mortgagors at or before signing of the mortgage. |
01/04/2015 | 09/11/2015 | |
