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Section : Section 6
Domain : Human Resource Management
Classification : Not Identified
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monitoring related functions has the meaning given by subsections 28A(1) and (2). mortgage credit means consumer credit: (a) that is provided in connection with the acquisition, maintenance, renovation or improvement of real property; and (b) in relation to which the real property is security. mortgage insurance purpose of a mortgage insurer in relation to an individual is the purpose of assessing: (a) whether to provide insurance to, or the risk of providing insurance to, a credit provider in relation to mortgage credit: (i) provided by the provider to the individual; or (ii) for which an application to the provider has been made by the individual; or (b) the risk of the individual defaulting on mortgage credit in relation to which the insurer has provided insurance to a credit provider; or (c) the risk of the individual being unable to meet a liability that might arise under a guarantee provided, or proposed to be provided, in relation to mortgage credit provided by a credit provider to another person. mortgage insurer means an organisation, or small business operator, that carries on a business or undertaking that involves providing insurance to credit providers in relation to mortgage credit provided by providers to other persons. National Credit Code has the same meaning as