National Consumer Credit Protection Act 2009

SCHEDULE 1 - NATIONAL CREDIT CODE  

Note:

See section 3 of the National Credit Act.

PART 5 - ENDING AND ENFORCING CREDIT CONTRACTS, MORTGAGES AND GUARANTEES  

Division 1 - Ending of credit contract by debtor etc.  

Subdivision B - Ending of reverse mortgage by credit provider receiving value of reverse mortgaged property  

86E  

86E   Cases in which sections 86B, 86C and 86D do not apply  

Sections 86B, 86C and 86D do not apply if:

(b) the debtor engaged in fraud, or made a misrepresentation, relating to the reverse mortgage before, at or after the time the credit contract was made; or

(c) circumstances prescribed by the regulations exist.