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Condition start date time 07/02/2011 |
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1. |
This licence authorises the licensee to: |
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(a) |
Engage in credit activities other than as a credit provider by: |
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(i) |
providing a credit service where the licensee is not or will not be: |
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(A) |
where the service relates to a credit contract or proposed credit contract - the credit provider under the contract; or |
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(B) |
where the service relates to a consumer lease or proposed consumer lease - the lessor; and/or |
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(ii) |
performing the obligations or exercising the rights of a credit provider in relation to a credit contract or proposed credit contract under which the licensee is not or will not be the credit provider; and/or |
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(iii) |
performing the obligations or exercising the rights of a mortgagee in relation to a mortgage or proposed mortgage that secures or will secure obligations under a credit contract under which the licensee is not the credit provider; and/or |
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(iv) |
performing the obligations or exercising the rights of a beneficiary under a guarantee or proposed guarantee that guarantees obligations under a credit contract under which the licensee is not the credit provider; and/or |
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(v) |
performing the obligations or exercising the rights of a lessor in relation to a consumer lease or proposed consumer lease where the licensee is not or will not be the lessor |
