Finance Brokers Control (General) Amendment Regulations 2007 (WA)

2 February 2007 GOVERNMENT GAZETTE, WA 243

CE301*

Finance Brokers Control Act 1975

Finance Brokers Control (General) Amendment

Regulations 2007

Made by the Governor in Executive Council.

1.            Citation

These regulations are the Finance Brokers Control (General)
Amendment Regulations 2007.

2.            The regulations amended

The amendment in these regulations is to the Finance Brokers
Control (General) Regulations 2005*.

[* Published in Gazette 14 October 2005, p. 4585-613. and Gazette 10 February, 5 May and 27 June 2006.]
For amendments to 12 December 2006 see Western

96 487 116 582).

3.             Regulation 5B inserted

After regulation 5A the following regulation is inserted —

44  

5B.	Exemption — Particular participants in the provision of a certain low interest loan (section 5(2))
(1)	This exemption applies to the following not for profit entities —

(a)	"Good Shepherd Youth and Family Service Inc." (ABN 61 354 551 576);
(b)	"Mercy Community Services Inc." (ABN

244 GOVERNMENT GAZETTE, WA 2 February 2007

(2) An entity set out in subregulation (1) is exempted from

complying with the requirements of the Act when it
negotiates or arranges the provision of a low interest
loan known as the "Low Interest Step Up Loan" in
accordance with an agreement between the National
Australia Bank and Good Shepherd Youth and Family

Service Inc.

By Command of the Governor,

G. M. PIKE, Clerk of the Executive Council.