Participation Rule Waivers - Victoria
The Participation Rule Waivers for Victoria listed below were first published by the Registrar in Victoria and are re-published here with consent and for convenience.
The Version Number aligns with the Version Number of the Participation Rules applying in Victoria 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 Victoria 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 6 | Vic Participation Rules Waiver PR7-2021 This partial waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 7.7.1(b) and 7.7.2 (Jeopardised Conveyancing Transactions) |
12/04/2021 | 12/06/2021 |
| Vic Participation Rules Waiver PR6-2021 This partial waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 7.2.3(a) (User Good Character) |
12/04/2021 | 12/10/2021 | |
| Vic Participation Rules Waiver PR5-2021 This partial waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 7.2.1(b) (Training on Secure Use of the ELN) |
12/04/2021 | 12/10/2021 | |
| Vic Participation Rules Waiver PR4-2021 This waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 6.13.1(d) (Transfer of Mortgage) |
12/04/2021 | 12/07/2021 | |
| Vic Participation Rules Waiver PR3-2021 This waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 6.5.1(f) (Verification of Identity of Users) |
12/04/2021 | 12/07/2021 | |
| Vic Participation Rules Waiver PR2-2021 This partial waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 4.5 (Business Names) |
12/04/2021 | 12/10/2021 | |
| Vic Participation Rules Waiver PR1-2021 This partial waiver provides Subscribers to an Electronic Lodgment Network with conditional relief from compliance with the Vic Participation Rule 7.10 (Certifications) |
12/04/2021 | ||
| Version 5 | Vic Participation Rules Waiver PR3-2019 This partial waiver provides Subscribers with conditional relief from compliance with the Vic Participation Rule 6.5.1 |
25/02/2019 | |
| Vic Participation Rules Waiver PR1-2020 This partial waiver provides Subscribers with conditional relief from compliance with the Vic Participation Rule 7.10.1 as it applies to Certification 6 in the Certification Rules |
30/03/2020 | 31/12/2020 | |
| Vic Participation Rules Waiver PR2-2019 This partial waiver provides relief for Sympli Australia Pty Ltd from compliance with the Vic Participation Rule 7.10 |
25/02/2019 | ||
| Vic Participation Rules Waiver PR1-2019 This partial waiver provides Subscribers with conditional relief from compliance with the Vic Participation Rule 7.10 |
25/02/2019 | ||
| Version 4 | Vic Participation Rules Waiver PR1-2018 This waiver provides relief for State Trustees Ltd from the insurance excess requirement in the Vic Participation Rules, replacing PR2-2016 |
16/06/2016 | 24/02/2019 |
| Vic Participation Rules Waiver PR1-2017 This partial waiver provides Subscribers with conditional relief from compliance with the Vic Participation Rule 7.2 to permit a Subscriber to use process automation for accessing the ELN and data entry. |
10/08/2017 | ||
| Version 3 | Vic Participation Rules Waiver PR4-2016 This waiver provides non-ADI mortgage lenders with conditional relief from compliance with the Vic Participation Rule requiring compliance with the Insurance Rules for Subscribers. |
30/11/2016 | |
| Vic Participation Rules Waiver PR3-2016 This waiver provides non-ADI mortgage lenders with conditional relief from compliance with the Vic Participation Rule requiring compliance with the Insurance Rules for Subscribers. |
06/09/2016 | 29/11/2016 | |
| Vic Participation Rules Waiver PR2-2016 This waiver provides relief for State Trustees Ltd from the insurance excess requirement in the Vic Participation Rules. |
02/03/2016 | ||
| Vic Participation Rules Waiver PR1-2016 This waiver provides relief for Subscribers from compliance with Vic Participation Rules Versions 1, 2 and 3 by permitting the receipt of a Subscriber or Identity Agent Certification substantially compliant with the Rules. |
04/2013 | ||
| Vic_Participation_Rules_Waiver_PR3-2015 This waiver provides Subscribers with temporary relief from the Vic Participation Rule requiring use of amended certifications #3 and #5 in Schedule 3. |
09/11/2015 | ||
| Version 2 | Vic Participation Rules Waiver PR1-2014 The Goulburn-Murray Rural Water Corporation is now deemed to comply with the Insurance Rules in the Vic Participation Rules. Accordingly, this waiver no longer applies. |
24/07/2014 | 21/10/2019 |
| Vic Participation Rules Waiver PR1-2015 This waiver provides relief for the Melbourne City Council from compliance with the Vic Participation Rule requiring uncapped professional indemnity and fidelity insurance on the condition that the Council does not act as a Representative. |
24/02/2015 | ||
| Vic Participation Rules Waiver PR2-2015 This waiver provides relief for Subscribers from compliance with the Vic Participation Rule requiring identity verification of mortgagors at or before signing of the mortgage. |
09/04/2015 | 09/11/2015 | |
| Version 1 | Vic Participation Rules Waiver PR1-2013 This waiver provides relief for the Commonwealth Bank of Australia from the Vic Participation Rule requiring use of Certification #6 in Schedule 3. |
12/09/2013 | 16/06/2014 |
