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Treasury Laws Amendment (2021 Measures No. 3) Bill 2021

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1302

2019-2021

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

 

 

Treasury Laws Amendment (2021 Measures No. 3) Bill 2021

 

 

(1)     Schedule 2, page 5 (after line 8), at the end of the Schedule, add:

2  At the end of section 51

Add:

Limit on guarantee

             (4)  The Commonwealth must not guarantee a loan for which the deposit paid by the borrower or borrowers is less than 5 per cent of the value of the residential property.

[minimum deposit for guaranteed loan]