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 5 | 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 This waiver provides relief for the Goulburn-Murray Rural Water Corporation from compliance with the Insurance Rules in the Vic Participation Rules regarding the maximum professional indemnity insurance excess and fidelity cover on the condition that the Corporation uses an ELNO to lodge notices, caveats and withdrawal of caveats only. |
24/07/2014 | |
| 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 |
