1 Subsection 12BA(1)
type: Concept
source: c2023c00239.pdf, p.7
note: Definition of insurance contract
asserts: c2023c00239-sch-1-sec-1-norm
asserts: c2023c00239-sch-1-sec-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-1
schema version: 2

c2023c00239-sch-1-sec-1-logic-deontic-1
type: LogicApplication
conclusion text: insurance contract means a contract of insurance to which the Insurance Contracts Act 1984 applies.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Defines term
modality: Deontic
operator: =

10 Application of amendments of the Insurance Contracts
type: Concept
source: c2023c00239.pdf, p.10
note: Amendments of Insurance Contracts Act 1984 apply to Australian Securities and Investments Commission Act 2001
asserts: c2023c00239-sch-1-sec-10-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-10
schema version: 2

c2023c00239-sch-1-sec-10-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 10 Application of amendments of the Insurance Contracts

2 At the end of section 12BF
type: Concept
source: c2023c00239.pdf, p.7
note: Applicability of Insurance Contracts Act to insurance contracts
asserts: c2023c00239-sch-1-sec-2-norm
asserts: c2023c00239-sch-1-sec-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-2
schema version: 2

c2023c00239-sch-1-sec-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Section applies to Insurance Contracts Act insurance contracts
modality: Deontic
operator: applies

c2023c00239-sch-1-sec-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 2 At the end of section 12BF

3 At the end of subsection 12BI(1)
type: Concept
description: Transparent term disclosure
source: c2023c00239.pdf, p.7
note: Insurance contracts must disclose transparent terms at or before entry.
asserts: c2023c00239-sch-1-sec-3-norm
asserts: c2023c00239-sch-1-sec-3-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-3
schema version: 2

c2023c00239-sch-1-sec-3-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Mandatory obligation
modality: Deontic
operator: Must

c2023c00239-sch-1-sec-3-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 3 At the end of subsection 12BI(1)

325 Application—unfair contract terms
type: Concept
source: c2023c00239.pdf, p.8
curation status: Proposed
has part: 325(1) Application—unfair contract terms
has part: 325(2) Application—unfair contract terms
has part: 325(3) Application—unfair contract terms
has part: 325(4) Application—unfair contract terms
proposed by: legis2cml
realized by: sch-1-sec-325
schema version: 2

325(1) Application—unfair contract terms
type: Concept
source: c2023c00239.pdf, p.8
note: Amendments apply to contracts entered into on or after commencement of Schedule.
asserts: c2023c00239-sch-1-sec-325-ss-1-norm
asserts: c2023c00239-sch-1-sec-325-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-325-ss-1
schema version: 2
part of: 325 Application—unfair contract terms

c2023c00239-sch-1-sec-325-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Amendments apply to contracts entered into on or after commencement of Schedule.
modality: Deontic
operator: Applicability

c2023c00239-sch-1-sec-325-ss-1-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 325(1) Application—unfair contract terms

325(2) Application—unfair contract terms
type: Concept
source: c2023c00239.pdf, p.8
note: Exempts contracts entered into before the commencement of Schedule 1 from the amendments.
asserts: c2023c00239-sch-1-sec-325-ss-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-325-ss-2
schema version: 2
part of: 325 Application—unfair contract terms

325(3) Application—unfair contract terms
type: Concept
source: c2023c00239.pdf, p.8
note: Applicable provision for unfair contract terms
asserts: c2023c00239-sch-1-sec-325-ss-3-norm
asserts: c2023c00239-sch-1-sec-325-ss-3-logic-deontic-1
asserts: c2023c00239-sch-1-sec-325-ss-3-logic-alleninterval-2
asserts: c2023c00239-sch-1-sec-325-ss-3-logic-ltl-3
asserts: c2023c00239-sch-1-sec-325-ss-3-logic-diffusion-4
asserts: c2023c00239-sch-1-sec-325-ss-3-logic-cogai-5
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-325-ss-3
schema version: 2
part of: 325 Application—unfair contract terms

c2023c00239-sch-1-sec-325-ss-3-logic-alleninterval-2
type: LogicApplication
conclusion text: ...subsection 12BF(2) and section 12BK of this Act apply.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Temporal relation between provisions
modality: AllenInterval
operator: applies
premise text: (3) If paragraph (2)(b) of this section applies...

c2023c00239-sch-1-sec-325-ss-3-logic-cogai-5
type: LogicApplication
conclusion text: ...subsection 12BF(2) and section 12BK of this Act apply.
confidence: 1.0000
curation status: Proposed
execution surface: sparql_library::parsers::chk_parser
logic summary: Artificial agent application
modality: CogAI
operator: applies
premise text: (3) If paragraph (2)(b) of this section applies...

c2023c00239-sch-1-sec-325-ss-3-logic-deontic-1
type: LogicApplication
conclusion text: ...subsection 12BF(2) and section 12BK of this Act apply.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Provision applies to contracts
modality: Deontic
operator: applies
premise text: (3) If paragraph (2)(b) of this section applies...

c2023c00239-sch-1-sec-325-ss-3-logic-diffusion-4
type: LogicApplication
conclusion text: ...subsection 12BF(2) and section 12BK of this Act apply.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::diffusion
logic summary: Provision affects contracts
modality: Diffusion
operator: applies
premise text: (3) If paragraph (2)(b) of this section applies...

c2023c00239-sch-1-sec-325-ss-3-logic-ltl-3
type: LogicApplication
conclusion text: ...subsection 12BF(2) and section 12BK of this Act apply.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: Ordered trace for provision application
modality: LTL
operator: applies
premise text: (3) If paragraph (2)(b) of this section applies...

c2023c00239-sch-1-sec-325-ss-3-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 325(3) Application—unfair contract terms

325(4) Application—unfair contract terms
type: Concept
source: c2023c00239.pdf, p.8
note: Exempts contracts from amendments if it would result in an unfair acquisition of property.
asserts: c2023c00239-sch-1-sec-325-ss-4-norm
asserts: c2023c00239-sch-1-sec-325-ss-4-logic-deontic-1
asserts: c2023c00239-sch-1-sec-325-ss-4-logic-alleninterval-2
asserts: c2023c00239-sch-1-sec-325-ss-4-logic-ltl-3
asserts: c2023c00239-sch-1-sec-325-ss-4-logic-cogai-4
asserts: c2023c00239-sch-1-sec-325-ss-4-logic-shacl-5
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-325-ss-4
schema version: 2
part of: 325 Application—unfair contract terms

c2023c00239-sch-1-sec-325-ss-4-logic-alleninterval-2
type: LogicApplication
conclusion text: The exemptions apply during this time period.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Exempts contracts from amendments due to temporal overlap.
modality: AllenInterval
operator: Temporal Exclusion
premise text: The operation of the amendments would result in an acquisition of property...

c2023c00239-sch-1-sec-325-ss-4-logic-cogai-4
type: LogicApplication
conclusion text: The exemptions are represented by this rule.
confidence: 1.0000
curation status: Proposed
execution surface: sparql_library::parsers::chk_parser
logic summary: Represents the exemption as a knowledge representation.
modality: CogAI
operator: Knowledge Representation
premise text: The amendments do not apply to a contract, or a term of a contract...

c2023c00239-sch-1-sec-325-ss-4-logic-deontic-1
type: LogicApplication
conclusion text: The exemptions apply.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits the application of amendments to certain contracts.
modality: Deontic
operator: Prohibit
premise text: The operation of the amendments would result in an acquisition of property from a person otherwise than on just terms.

c2023c00239-sch-1-sec-325-ss-4-logic-ltl-3
type: LogicApplication
conclusion text: The exemptions are valid during this time frame.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: Incorporates temporal logic to define the exemption period.
modality: LTL
operator: Temporal Inclusion
premise text: The amendments do not apply to a contract, or a term of a contract...

c2023c00239-sch-1-sec-325-ss-4-logic-shacl-5
type: LogicApplication
conclusion text: The exemptions conform to this schema.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::shacl
logic summary: Validates the exemption schema.
modality: SHACL
operator: Schema Validation
premise text: The amendments do not apply to a contract, or a term of a contract...

4 At the end of section 12BI
type: Concept
source: c2023c00239.pdf, p.7
note: Have regard to the main subject matter of the contract only to the extent that it describes what is being insured.
asserts: c2023c00239-sch-1-sec-4-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-4
schema version: 2

c2023c00239-sch-1-sec-4-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 4 At the end of section 12BI

5 After subsection 12BL(1)
type: Concept
source: c2023c00239.pdf, p.7
note: Exempts certain medical indemnity contracts from the Subdivision's application.
asserts: c2023c00239-sch-1-sec-5-norm
asserts: c2023c00239-sch-1-sec-5-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-5
schema version: 2

c2023c00239-sch-1-sec-5-logic-deontic-1
type: LogicApplication
conclusion text: None
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Negates the Subdivision's application for these contracts
modality: Deontic
operator: !
premise text: None

6 At the end of subsections 12GND(1) and (2)
type: Concept
source: c2023c00239.pdf, p.8
note: A person who is a third party beneficiary under the contract.
asserts: c2023c00239-sch-1-sec-6-norm
asserts: c2023c00239-sch-1-sec-6-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-6
schema version: 2

c2023c00239-sch-1-sec-6-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Identifies beneficiaries of a contract.
modality: Deontic
operator: hasBeneficiary

c2023c00239-sch-1-sec-6-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 6 At the end of subsections 12GND(1) and (2)

7 In the appropriate position
type: Concept
source: c2023c00239.pdf, p.8
note: Insert in an appropriate position
asserts: c2023c00239-sch-1-sec-7-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-7
schema version: 2

8 At the end of section 12
type: Concept
source: c2023c00239.pdf, p.9
note: This Part operates in addition to the unfair contract terms provisions of the Australian Securities and Investments Commission Act 2001.
asserts: c2023c00239-sch-1-sec-8-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-8
schema version: 2

9 Subsection 15(2)
type: Concept
source: c2023c00239.pdf, p.9
note: Omit all words after 'but does not' and substitute with specific clauses.
asserts: c2023c00239-sch-1-sec-9-norm
asserts: c2023c00239-sch-1-sec-9-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-1-sec-9
schema version: 2

c2023c00239-sch-1-sec-9-logic-deontic-1
type: LogicApplication
conclusion text: New text
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibit omission of words
modality: Deontic
operator: prohibition
premise text: Text

1 Definitions
type: Concept
source: c2023c00239.pdf, p.22
note: Defines 'amending Act'
asserts: c2023c00239-sch-10-sec-1-norm
asserts: c2023c00239-sch-10-sec-1-logic-descriptionlogic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-1
schema version: 2

c2023c00239-sch-10-sec-1-logic-descriptionlogic-1
type: LogicApplication
conclusion text: amending Act means the Financial Sector Reform (Hayne Royal Commission Response—Protecting Consumers (2019 Measures)) Act 2020.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::dl
logic summary: Class hierarchy
modality: DescriptionLogic
operator: is-a
premise text: In this Schedule:

c2023c00239-sch-10-sec-1-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 1 Definitions

10 Subparagraph 113(2)(g)(i)
type: Concept
source: c2023c00239.pdf, p.23
note: Substitute 'indirect remuneration' for 'commissions'
asserts: c2023c00239-sch-10-sec-10-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-10
schema version: 2

11 Subparagraph 113(2)(g)(ii)
type: Concept
source: c2023c00239.pdf, p.23
note: Omit 'those commissions', substitute 'that indirect remuneration'
asserts: c2023c00239-sch-10-sec-11-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-11
schema version: 2

12 Subparagraphs 113(3)(b)(i) and (ii)
type: Concept
source: c2023c00239.pdf, p.23
note: Omit 'commissions' and substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-12-norm
asserts: c2023c00239-sch-10-sec-12-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-12
schema version: 2

c2023c00239-sch-10-sec-12-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits the use of 'commissions'
modality: Deontic
operator: Prohibit

13 Division 5 of Part 3-1 of Chapter 3 (heading)
type: Concept
source: c2023c00239.pdf, p.23
note: Omit 'commissions', substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-13-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-13
schema version: 2

14 Section 121 (heading)
type: Concept
source: c2023c00239.pdf, p.23
note: Substitute 'indirect remuneration' for 'commissions'
asserts: c2023c00239-sch-10-sec-14-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-14
schema version: 2

14 Sept
type: Concept
source: c2023c00239.pdf, p.29
note: Conditional commencement of Schedule 1 item 10
asserts: c2023c00239-sch-10-sec-14-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-14-2
schema version: 2

15 Paragraph 121(2)(b)
type: Concept
source: c2023c00239.pdf, p.23
note: Substitute 'indirect remuneration' for 'commissions'
asserts: c2023c00239-sch-10-sec-15-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-15
schema version: 2

16 Paragraphs 121(3)(a) and (b)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit 'commissions', substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-16-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-16
schema version: 2

17 Section 134 (paragraph beginning “Division 5”)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit 'commission', substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-17-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-17
schema version: 2

17 Feb
type: Concept
source: c2023c00239.pdf, p.29
note: Commencement dates for Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023
asserts: c2023c00239-sch-10-sec-17-2-norm
asserts: c2023c00239-sch-10-sec-17-2-logic-alleninterval-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-17-2
schema version: 2

c2023c00239-sch-10-sec-17-2-logic-alleninterval-1
type: LogicApplication
conclusion text: Undertaking
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Requires temporal intervals for commencement dates
modality: AllenInterval
operator: Applicable
premise text: Commencement dates are specified

18 Subparagraph 136(2)(g)(i)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit 'commissions', substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-18-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-18
schema version: 2

19 Subparagraph 136(2)(g)(ii)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit 'those commissions', substitute 'that indirect remuneration'
asserts: c2023c00239-sch-10-sec-19-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-19
schema version: 2

2 Application of best interests obligations
type: Concept
source: c2023c00239.pdf, p.22
note: Division 2 of Part 3-5A applies to credit assistance on or after July 1, 2020.
asserts: c2023c00239-sch-10-sec-2-norm
asserts: c2023c00239-sch-10-sec-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-2
schema version: 2

c2023c00239-sch-10-sec-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Division applies to credit assistance
modality: Deontic
operator: applies

c2023c00239-sch-10-sec-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 2 Application of best interests obligations

20 Subparagraphs 136(3)(b)(i) and (ii)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit 'commissions' and substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-20-norm
asserts: c2023c00239-sch-10-sec-20-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-20
schema version: 2

c2023c00239-sch-10-sec-20-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits the use of 'commissions'
modality: Deontic
operator: Prohibit

21 Division 5 of Part 3-3 of Chapter 3 (heading)
type: Concept
source: c2023c00239.pdf, p.24
note: Substitute 'indirect remuneration' for 'commissions'
asserts: c2023c00239-sch-10-sec-21-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-21
schema version: 2

22 Section 144 (heading)
type: Concept
source: c2023c00239.pdf, p.24
note: Substitute 'indirect remuneration' for 'commissions'
asserts: c2023c00239-sch-10-sec-22-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-22
schema version: 2

23 Paragraph 144(2)(b)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit 'commissions', substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-23-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-23
schema version: 2

24 Paragraphs 144(3)(a) and (b)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit 'commissions', substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-24-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-24
schema version: 2

25 Subparagraph 158(2)(g)(i)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit 'commissions', substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-25-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-25
schema version: 2

26 Subparagraph 158(2)(g)(ii)
type: Concept
source: c2023c00239.pdf, p.24
note: Omit “those commissions”, substitute ‘that indirect remuneration’.
asserts: c2023c00239-sch-10-sec-26-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-26
schema version: 2

27 Subparagraphs 158(3)(b)(i) and (ii)
type: Concept
source: c2023c00239.pdf, p.25
note: Omit 'commissions' and substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-27-norm
asserts: c2023c00239-sch-10-sec-27-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-27
schema version: 2

c2023c00239-sch-10-sec-27-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits the use of 'commissions'
modality: Deontic
operator: Prohibit

28 Subparagraph 160B(2)(a)(i)
type: Concept
source: c2023c00239.pdf, p.25
note: Omit specific wording from a provision.
asserts: c2023c00239-sch-10-sec-28-norm
asserts: c2023c00239-sch-10-sec-28-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-28
schema version: 2

c2023c00239-sch-10-sec-28-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits the specified action.
modality: Deontic
operator: Prohibit

29 Paragraph 160B(2)(d)
type: Concept
source: c2023c00239.pdf, p.25
note: Substitute 'indirect remuneration' for 'commission'
asserts: c2023c00239-sch-10-sec-29-norm
asserts: c2023c00239-sch-10-sec-29-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-29
schema version: 2

c2023c00239-sch-10-sec-29-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Substitute 'indirect remuneration' for 'commission'
modality: Deontic
operator: Obligation

3 Application of ban on conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.22
note: Ban on conflicted remuneration applies to benefits given after July 1, 2020.
asserts: c2023c00239-sch-10-sec-3-norm
asserts: c2023c00239-sch-10-sec-3-logic-deontic-1
asserts: c2023c00239-sch-10-sec-3-logic-alleninterval-2
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-3
schema version: 2

c2023c00239-sch-10-sec-3-logic-alleninterval-2
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Benefits given after July 1, 2020, overlap with the ban on conflicted remuneration.
modality: AllenInterval
operator: Overlaps
premise text: (1)

c2023c00239-sch-10-sec-3-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits benefits given after July 1, 2020.
modality: Deontic
operator: Prohibit
premise text: (1)

c2023c00239-sch-10-sec-3-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 3 Application of ban on conflicted remuneration

7 Subsection 5(1)
type: Concept
source: c2023c00239.pdf, p.23
note: Definition of indirect remuneration
asserts: c2023c00239-sch-10-sec-7-norm
asserts: c2023c00239-sch-10-sec-7-logic-deontic-1
asserts: c2023c00239-sch-10-sec-7-logic-descriptionlogic-2
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-7
schema version: 2

c2023c00239-sch-10-sec-7-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Defines a term
modality: Deontic
operator: =

c2023c00239-sch-10-sec-7-logic-descriptionlogic-2
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::dl
logic summary: Applies to definitions
modality: DescriptionLogic
operator: =

c2023c00239-sch-10-sec-7-norm
type: Obligation
scope note: borne by: LegalPerson
curation status: Proposed
modality: Deontic
borne by: LegalPerson
deontic status: HeuristicDerived
part of: 7 Subsection 5(1)

8 Paragraph 92(e)
type: Concept
source: c2023c00239.pdf, p.23
note: Omit 'commissions' and substitute 'indirect remuneration'
asserts: c2023c00239-sch-10-sec-8-norm
asserts: c2023c00239-sch-10-sec-8-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-8
schema version: 2

c2023c00239-sch-10-sec-8-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits the use of 'commissions'
modality: Deontic
operator: Prohibit

9 Section 111 (paragraph beginning “Division 5”)
type: Concept
source: c2023c00239.pdf, p.23
note: Substitute 'indirect remuneration' for 'commission'
asserts: c2023c00239-sch-10-sec-9-norm
asserts: c2023c00239-sch-10-sec-9-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-10-sec-9
schema version: 2

c2023c00239-sch-10-sec-9-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Imposes an obligation
modality: Deontic
operator: Obligation

1 At the end of section 12BAA
type: Concept
source: c2023c00239.pdf, p.11
note: Funeral expenses facility is not a funeral benefit for the purposes of this Act.
asserts: c2023c00239-sch-2-sec-1-norm
asserts: c2023c00239-sch-2-sec-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-2-sec-1
schema version: 2

c2023c00239-sch-2-sec-1-logic-deontic-1
type: LogicApplication
conclusion text: Funeral expenses facility is not a funeral benefit
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Negative statement
modality: Deontic
operator: not

2 Section 761A (at the end of the definition of funeral benefit)
type: Concept
source: c2023c00239.pdf, p.11
note: Note: A funeral expenses facility is not a funeral benefit.
asserts: c2023c00239-sch-2-sec-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-2-sec-2
schema version: 2

3 Section 761A
type: Concept
source: c2023c00239.pdf, p.11
note: Definition of funeral expenses facility
asserts: c2023c00239-sch-2-sec-3-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-2-sec-3
schema version: 2

4 At the end of Subdivision D of Division 3 of Part 7.1
type: Concept
source: c2023c00239.pdf, p.11
asserts: c2023c00239-sch-2-sec-4-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-2-sec-4
schema version: 2

765B Funeral expenses facilities are not funeral benefits
type: Concept
source: c2023c00239.pdf, p.11
note: Funeral expenses facilities are not considered funeral benefits.
asserts: c2023c00239-sch-2-sec-765b-norm
asserts: c2023c00239-sch-2-sec-765b-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-2-sec-765b
schema version: 2

c2023c00239-sch-2-sec-765b-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Funeral expenses facilities are not considered funeral benefits.
modality: Deontic
operator: Obligate

1 Short title
type: Concept
source: c2023c00239.pdf, p.5
note: Short title of the Act
asserts: c2023c00239-sch-3-sec-1-norm
asserts: c2023c00239-sch-3-sec-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-1
schema version: 2

1 Section 1
type: Concept
source: c2023c00239.pdf, p.5
note: Commencement of the Act
asserts: c2023c00239-sch-3-sec-1-2-norm
asserts: c2023c00239-sch-3-sec-1-2-logic-alleninterval-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-1-2
schema version: 2

c2023c00239-sch-3-sec-1-2-logic-alleninterval-1
type: LogicApplication
conclusion text: Commencement on day of Royal Assent
confidence: 0.5000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Temporal interval
modality: AllenInterval
operator: Applicable
premise text: Temporal commencement

1 Subsection 5(1)
type: Concept
source: c2023c00239.pdf, p.12
note: References section 15A for definition of associate.
asserts: c2023c00239-sch-3-sec-1-3-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-1-3
schema version: 2

c2023c00239-sch-3-sec-1-logic-deontic-1
type: LogicApplication
conclusion text: The Act is the Financial Sector Reform (Hayne Royal Commission Response—Protecting Consumers (2019 Measures)) Act 2020.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Identifies the Act as a specific title
modality: Deontic
operator: is

158K Guide to this Part
type: Concept
description: Credit assistance in relation to credit contracts.
source: c2023c00239.pdf, p.14
note: Mortgage brokers must act in the best interests of consumers.
asserts: c2023c00239-sch-3-sec-158k-norm
asserts: c2023c00239-sch-3-sec-158k-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158k
schema version: 2

c2023c00239-sch-3-sec-158k-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must act in the best interests of consumers.
modality: Deontic
operator: MUST

c2023c00239-sch-3-sec-158k-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158K Guide to this Part

158KA Doing acts
type: Concept
source: c2023c00239.pdf, p.15
note: A reference in this Part to doing an act or thing includes a reference to causing or authorising the act or thing to be done.
asserts: c2023c00239-sch-3-sec-158ka-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158ka
schema version: 2

c2023c00239-sch-3-sec-158ka-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158KA Doing acts

158KB Circumstances in which a secondary representative is taken
type: Concept
source: c2023c00239.pdf, p.15
curation status: Proposed
has part: 158KB(1) Circumstances in which a secondary representative is taken
has part: 158KB(2) Circumstances in which a secondary representative is taken
proposed by: legis2cml
realized by: sch-3-sec-158kb
schema version: 2

158KB(1) Circumstances in which a secondary representative is taken
type: Concept
source: c2023c00239.pdf, p.15
note: A secondary representative is authorized as a credit representative of a licensee by a primary representative.
asserts: c2023c00239-sch-3-sec-158kb-ss-1-norm
asserts: c2023c00239-sch-3-sec-158kb-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158kb-ss-1
schema version: 2
part of: 158KB Circumstances in which a secondary representative is taken

c2023c00239-sch-3-sec-158kb-ss-1-logic-deontic-1
type: LogicApplication
conclusion text: Secondary representative is authorized
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Authorization is granted
modality: Deontic
operator: has
premise text: Primary representative authorizes secondary representative

c2023c00239-sch-3-sec-158kb-ss-1-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158KB(1) Circumstances in which a secondary representative is taken

158KB(2) Circumstances in which a secondary representative is taken
type: Concept
source: c2023c00239.pdf, p.15
note: Secondary representative acting within scope of authority
asserts: c2023c00239-sch-3-sec-158kb-ss-2-norm
asserts: c2023c00239-sch-3-sec-158kb-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158kb-ss-2
schema version: 2
part of: 158KB Circumstances in which a secondary representative is taken

c2023c00239-sch-3-sec-158kb-ss-2-logic-deontic-1
type: LogicApplication
conclusion text: Obligation
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Scope of authority
modality: Deontic
operator: within
premise text: Actual or apparent authority

158KC Obligations under this Part in addition to other obligations
type: Concept
source: c2023c00239.pdf, p.15
note: Obligations under this Part in addition to other obligations
asserts: c2023c00239-sch-3-sec-158kc-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158kc
schema version: 2

c2023c00239-sch-3-sec-158kc-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158KC Obligations under this Part in addition to other obligations

158L Application of this Subdivision
type: Concept
source: c2023c00239.pdf, p.16
curation status: Proposed
has part: 158L(1) Application of this Subdivision
has part: 158L(2) Application of this Subdivision
proposed by: legis2cml
realized by: sch-3-sec-158l
schema version: 2

158L(1) Application of this Subdivision
type: Concept
source: c2023c00239.pdf, p.16
note: This Subdivision applies in relation to credit assistance provided by a licensee to a consumer in relation to a credit contract if the licensee is a mortgage broker.
asserts: c2023c00239-sch-3-sec-158l-ss-1-norm
asserts: c2023c00239-sch-3-sec-158l-ss-1-logic-deontic-1
asserts: c2023c00239-sch-3-sec-158l-ss-1-logic-alleninterval-2
asserts: c2023c00239-sch-3-sec-158l-ss-1-logic-ltl-3
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158l-ss-1
schema version: 2
part of: 158L Application of this Subdivision

c2023c00239-sch-3-sec-158l-ss-1-logic-alleninterval-2
type: LogicApplication
conclusion text: This Subdivision applies in relation to credit assistance provided by a licensee to a consumer in relation to a credit contract if the licensee is a mortgage broker.
confidence: 0.5000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: The provision specifies the temporal scope of application for this Subdivision.
modality: AllenInterval
operator: applies
premise text: (1) This Subdivision applies in relation to credit assistance provided by a licensee to a consumer in relation to a credit contract if the licensee is a mortgage broker.

c2023c00239-sch-3-sec-158l-ss-1-logic-deontic-1
type: LogicApplication
conclusion text: This Subdivision applies.
confidence: 0.5000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: The provision applies to credit assistance provided by a licensee.
modality: Deontic
operator: applies
premise text: (1) This Subdivision applies in relation to credit assistance provided by a licensee to a consumer in relation to a credit contract if the licensee is a mortgage broker.

c2023c00239-sch-3-sec-158l-ss-1-logic-ltl-3
type: LogicApplication
conclusion text: This Subdivision applies in relation to credit assistance provided by a licensee to a consumer in relation to a credit contract if the licensee is a mortgage broker.
confidence: 0.5000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: The provision specifies the temporal scope of application for this Subdivision.
modality: LTL
operator: applies
premise text: (1) This Subdivision applies in relation to credit assistance provided by a licensee to a consumer in relation to a credit contract if the licensee is a mortgage broker.

c2023c00239-sch-3-sec-158l-ss-1-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158L(1) Application of this Subdivision

158L(2) Application of this Subdivision
type: Concept
source: c2023c00239.pdf, p.16
note: Exemption from application of this subdivision for credit assistance provided by a credit representative acting within their actual or apparent authority.
asserts: c2023c00239-sch-3-sec-158l-ss-2-norm
asserts: c2023c00239-sch-3-sec-158l-ss-2-logic-deontic-1
asserts: c2023c00239-sch-3-sec-158l-ss-2-logic-alleninterval-2
asserts: c2023c00239-sch-3-sec-158l-ss-2-logic-ltl-3
asserts: c2023c00239-sch-3-sec-158l-ss-2-logic-cogai-4
asserts: c2023c00239-sch-3-sec-158l-ss-2-logic-shacl-5
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158l-ss-2
schema version: 2
part of: 158L Application of this Subdivision

c2023c00239-sch-3-sec-158l-ss-2-logic-alleninterval-2
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Exemption for temporal period
modality: AllenInterval
operator: Temporal Exemption
premise text: (2) However, this Subdivision does not apply in relation to credit assistance provided by a credit representative acting within the scope of the credit representative’s actual or apparent authority from the licensee.

c2023c00239-sch-3-sec-158l-ss-2-logic-cogai-4
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: sparql_library::parsers::chk_parser
logic summary: Classification of entities involved
modality: CogAI
operator: Entity Classification
premise text: (2) However, this Subdivision does not apply in relation to credit assistance provided by a credit representative acting within the scope of the credit representative’s actual or apparent authority from the licensee.

c2023c00239-sch-3-sec-158l-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of application
modality: Deontic
operator: Prohibit

c2023c00239-sch-3-sec-158l-ss-2-logic-ltl-3
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: Exemption for temporal period
modality: LTL
operator: Temporal Exemption
premise text: (2) However, this Subdivision does not apply in relation to credit assistance provided by a credit representative acting within the scope of the credit representative’s actual or apparent authority from the licensee.

c2023c00239-sch-3-sec-158l-ss-2-logic-shacl-5
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::shacl
logic summary: Validation of entity relationships
modality: SHACL
operator: Entity Validation
premise text: (2) However, this Subdivision does not apply in relation to credit assistance provided by a credit representative acting within the scope of the credit representative’s actual or apparent authority from the licensee.

158LA Licensee must act in the best interests of the consumer
type: Concept
source: c2023c00239.pdf, p.16
note: Must act in best interests of consumer
asserts: c2023c00239-sch-3-sec-158la-norm
asserts: c2023c00239-sch-3-sec-158la-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158la
schema version: 2

c2023c00239-sch-3-sec-158la-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Obligation to act in best interests
modality: Deontic
operator: MUST

158LB Conflict between consumer’s interests and those of the
type: Concept
description: Yes
source: c2023c00239.pdf, p.16
note: Licensee must give priority to consumer's interests when providing credit assistance.
asserts: c2023c00239-sch-3-sec-158lb-norm
asserts: c2023c00239-sch-3-sec-158lb-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158lb
schema version: 2

c2023c00239-sch-3-sec-158lb-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Obligation to prioritize consumer's interests
modality: Deontic
operator: MUST

158LD Application of this Subdivision
type: Concept
source: c2023c00239.pdf, p.17
note: This Subdivision applies in relation to credit assistance provided to a consumer in relation to a credit contract by a credit representative acting within the scope of the credit representative’s actual or apparent authority from a licensee, if either the credit representative or the licensee is a mortgage broker.
asserts: c2023c00239-sch-3-sec-158ld-norm
asserts: c2023c00239-sch-3-sec-158ld-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158ld
schema version: 2

c2023c00239-sch-3-sec-158ld-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: The provision applies to credit assistance provided by a credit representative.
modality: Deontic
operator: applies

c2023c00239-sch-3-sec-158ld-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158LD Application of this Subdivision

158LE Credit representative must act in the best interests of the
type: Concept
source: c2023c00239.pdf, p.17
curation status: Proposed
has part: 158LE(1) Credit representative must act in the best interests of the
has part: 158LE(2) Credit representative must act in the best interests of the
proposed by: legis2cml
realized by: sch-3-sec-158le
schema version: 2

158LE(1) Credit representative must act in the best interests of the
type: Concept
source: c2023c00239.pdf, p.17
note: Credit representative must act in the best interests of consumers.
asserts: c2023c00239-sch-3-sec-158le-ss-1-norm
asserts: c2023c00239-sch-3-sec-158le-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158le-ss-1
schema version: 2
part of: 158LE Credit representative must act in the best interests of the

c2023c00239-sch-3-sec-158le-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Obligation to act in the best interests.
modality: Deontic
operator: MUST

c2023c00239-sch-3-sec-158le-ss-1-norm
type: Obligation
scope note: borne by: Agent
curation status: Proposed
modality: Deontic
borne by: Agent
deontic status: HeuristicDerived
part of: 158LE(1) Credit representative must act in the best interests of the

158LE(2) Credit representative must act in the best interests of the
type: Concept
source: c2023c00239.pdf, p.17
note: Credit representative must comply with subsection (1)
asserts: c2023c00239-sch-3-sec-158le-ss-2-norm
asserts: c2023c00239-sch-3-sec-158le-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158le-ss-2
schema version: 2
part of: 158LE Credit representative must act in the best interests of the

c2023c00239-sch-3-sec-158le-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Mandatory duty
modality: Deontic
operator: Must

158LF Conflict between consumer’s interests and those of the credit
type: Concept
source: c2023c00239.pdf, p.17
note: Credit representative must know of conflicts between consumer's interests and those of the credit representative, licensee, or their associates.
asserts: c2023c00239-sch-3-sec-158lf-norm
asserts: c2023c00239-sch-3-sec-158lf-logic-deontic-1
asserts: c2023c00239-sch-3-sec-158lf-logic-alleninterval-2
asserts: c2023c00239-sch-3-sec-158lf-logic-ltl-3
asserts: c2023c00239-sch-3-sec-158lf-logic-diffusion-4
asserts: c2023c00239-sch-3-sec-158lf-logic-cogai-5
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158lf
schema version: 2

c2023c00239-sch-3-sec-158lf-logic-alleninterval-2
type: LogicApplication
conclusion text: ...that there is a conflict between the interests of...
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Temporal overlap of knowledge and conflict
modality: AllenInterval
operator: Overlaps
premise text: If the credit representative knows, or reasonably ought to know...

c2023c00239-sch-3-sec-158lf-logic-cogai-5
type: LogicApplication
conclusion text: ...that there is a conflict between the interests of...
confidence: 1.0000
curation status: Proposed
execution surface: sparql_library::parsers::chk_parser
logic summary: Recognition of conflicts by AI
modality: CogAI
operator: Recognizes
premise text: If the credit representative knows, or reasonably ought to know...

c2023c00239-sch-3-sec-158lf-logic-deontic-1
type: LogicApplication
conclusion text: ...there is a conflict between the interests of...
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Knowledge obligation
modality: Deontic
operator: Knows
premise text: The credit representative knows or reasonably ought to know...

c2023c00239-sch-3-sec-158lf-logic-diffusion-4
type: LogicApplication
conclusion text: ...that there is a conflict between the interests of...
confidence: 1.0000
curation status: Proposed
execution surface: modalities::diffusion
logic summary: Diffusion of knowledge and conflict
modality: Diffusion
operator: Diffuses
premise text: If the credit representative knows, or reasonably ought to know...

c2023c00239-sch-3-sec-158lf-logic-ltl-3
type: LogicApplication
conclusion text: ...that there is a conflict between the interests of...
confidence: 1.0000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: Recurring trace of knowledge and conflict
modality: LTL
operator: Recurring
premise text: If the credit representative knows, or reasonably ought to know...

c2023c00239-sch-3-sec-158lf-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158LF Conflict between consumer’s interests and those of the credit

158N Conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.18
note: Definition of conflicted remuneration
asserts: c2023c00239-sch-3-sec-158n-norm
asserts: c2023c00239-sch-3-sec-158n-logic-deontic-1
asserts: c2023c00239-sch-3-sec-158n-logic-descriptionlogic-2
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158n
schema version: 2

c2023c00239-sch-3-sec-158n-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Defines a term with obligations
modality: Deontic
operator: definition

c2023c00239-sch-3-sec-158n-logic-descriptionlogic-2
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::dl
logic summary: Applies to explicit class hierarchies
modality: DescriptionLogic
operator: class hierarchy

c2023c00239-sch-3-sec-158n-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158N Conflicted remuneration

158NA Regulations may further define conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.18
note: Ban on accepting conflicted remuneration
asserts: c2023c00239-sch-3-sec-158na-norm
asserts: c2023c00239-sch-3-sec-158na-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158na
schema version: 2

c2023c00239-sch-3-sec-158na-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits accepting conflicted remuneration
modality: Deontic
operator: Prohibit

c2023c00239-sch-3-sec-158na-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158NA Regulations may further define conflicted remuneration

158NB Licensee must not accept conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.19
note: Licensee must not accept conflicted remuneration
asserts: c2023c00239-sch-3-sec-158nb-norm
asserts: c2023c00239-sch-3-sec-158nb-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158nb
schema version: 2

c2023c00239-sch-3-sec-158nb-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of accepting conflicted remuneration
modality: Deontic
operator: Must Not

158NC Credit representative must not accept conflicted
type: Concept
source: c2023c00239.pdf, p.19
curation status: Proposed
has part: 158NC(1) Credit representative must not accept conflicted
has part: 158NC(2) Credit representative must not accept conflicted
proposed by: legis2cml
realized by: sch-3-sec-158nc
schema version: 2

158NC(1) Credit representative must not accept conflicted
type: Concept
source: c2023c00239.pdf, p.19
note: Credit representative must not accept conflicted remuneration.
asserts: c2023c00239-sch-3-sec-158nc-ss-1-norm
asserts: c2023c00239-sch-3-sec-158nc-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158nc-ss-1
schema version: 2
part of: 158NC Credit representative must not accept conflicted

c2023c00239-sch-3-sec-158nc-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of conflicted remuneration
modality: Deontic
operator: Prohibit
premise text: (1) A credit representative of a licensee must not accept conflicted remuneration in circumstances prescribed by the regulations if the credit representative or the licensee is:

c2023c00239-sch-3-sec-158nc-ss-1-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158NC(1) Credit representative must not accept conflicted

158NC(2) Credit representative must not accept conflicted
type: Concept
source: c2023c00239.pdf, p.19
note: Credit representative must comply with subsection (1)
asserts: c2023c00239-sch-3-sec-158nc-ss-2-norm
asserts: c2023c00239-sch-3-sec-158nc-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158nc-ss-2
schema version: 2
part of: 158NC Credit representative must not accept conflicted

c2023c00239-sch-3-sec-158nc-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Must comply
modality: Deontic
operator: MUST

c2023c00239-sch-3-sec-158nc-ss-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158NC(2) Credit representative must not accept conflicted

158ND Employer must not give employees conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.20
curation status: Proposed
has part: 158ND(1) Employer must not give employees conflicted remuneration
has part: 158ND(2) Employer must not give employees conflicted remuneration
proposed by: legis2cml
realized by: sch-3-sec-158nd
schema version: 2

158ND(1) Employer must not give employees conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.20
note: Employer must not give employees conflicted remuneration
asserts: c2023c00239-sch-3-sec-158nd-ss-1-norm
asserts: c2023c00239-sch-3-sec-158nd-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158nd-ss-1
schema version: 2
part of: 158ND Employer must not give employees conflicted remuneration

c2023c00239-sch-3-sec-158nd-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of conflicted remuneration
modality: Deontic
operator: Prohibit
premise text: Employer must not give employees conflicted remuneration

c2023c00239-sch-3-sec-158nd-ss-1-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158ND(1) Employer must not give employees conflicted remuneration

158ND(2) Employer must not give employees conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.20
note: Employer must not give employees conflicted remuneration
asserts: c2023c00239-sch-3-sec-158nd-ss-2-norm
asserts: c2023c00239-sch-3-sec-158nd-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158nd-ss-2
schema version: 2
part of: 158ND Employer must not give employees conflicted remuneration

c2023c00239-sch-3-sec-158nd-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of conflicted remuneration
modality: Deontic
operator: Prohibit
premise text: Employer must not give employees conflicted remuneration

c2023c00239-sch-3-sec-158nd-ss-2-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158ND(2) Employer must not give employees conflicted remuneration

158NE Credit provider must not give conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.20
curation status: Proposed
has part: 158NE(1) Credit provider must not give conflicted remuneration
has part: 158NE(2) Credit provider must not give conflicted remuneration
proposed by: legis2cml
realized by: sch-3-sec-158ne
schema version: 2

158NE(1) Credit provider must not give conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.20
note: Credit provider must not give conflicted remuneration to licensees in certain circumstances.
asserts: c2023c00239-sch-3-sec-158ne-ss-1-norm
asserts: c2023c00239-sch-3-sec-158ne-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158ne-ss-1
schema version: 2
part of: 158NE Credit provider must not give conflicted remuneration

c2023c00239-sch-3-sec-158ne-ss-1-logic-deontic-1
type: LogicApplication
conclusion text: Licensee must not receive conflicted remuneration
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of conflicted remuneration
modality: Deontic
operator: Prohibit
premise text: Credit provider must not give conflicted remuneration

c2023c00239-sch-3-sec-158ne-ss-1-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158NE(1) Credit provider must not give conflicted remuneration

158NE(2) Credit provider must not give conflicted remuneration
type: Concept
source: c2023c00239.pdf, p.20
note: Credit provider must not give conflicted remuneration to mortgage brokers and intermediaries.
asserts: c2023c00239-sch-3-sec-158ne-ss-2-norm
asserts: c2023c00239-sch-3-sec-158ne-ss-2-logic-deontic-1
asserts: c2023c00239-sch-3-sec-158ne-ss-2-logic-alleninterval-2
asserts: c2023c00239-sch-3-sec-158ne-ss-2-logic-ltl-3
asserts: c2023c00239-sch-3-sec-158ne-ss-2-logic-diffusion-4
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158ne-ss-2
schema version: 2
part of: 158NE Credit provider must not give conflicted remuneration

c2023c00239-sch-3-sec-158ne-ss-2-logic-alleninterval-2
type: LogicApplication
conclusion text: Conflicted remuneration is prohibited within specified circumstances.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Temporal interval for conflicted remuneration
modality: AllenInterval
operator: Temporal Interval
premise text: Regulations prescribe circumstances for giving conflicted remuneration.

c2023c00239-sch-3-sec-158ne-ss-2-logic-deontic-1
type: LogicApplication
conclusion text: Credit provider must not give conflicted remuneration.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of conflicted remuneration
modality: Deontic
operator: Prohibit
premise text: Regulations prescribe circumstances for giving conflicted remuneration.

c2023c00239-sch-3-sec-158ne-ss-2-logic-diffusion-4
type: LogicApplication
conclusion text: Regulation diffuses to all relevant parties.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::diffusion
logic summary: Diffusion of regulation
modality: Diffusion
operator: Diffuse
premise text: Regulations prescribe circumstances for giving conflicted remuneration.

c2023c00239-sch-3-sec-158ne-ss-2-logic-ltl-3
type: LogicApplication
conclusion text: Regulation applies to recurring traces of conflicted remuneration.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: Recurring trace of regulation
modality: LTL
operator: Recurring Trace
premise text: Regulations prescribe circumstances for giving conflicted remuneration.

c2023c00239-sch-3-sec-158ne-ss-2-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158NE(2) Credit provider must not give conflicted remuneration

158NF Mortgage intermediary must not give conflicted
type: Concept
source: c2023c00239.pdf, p.21
curation status: Proposed
has part: 158NF(1) Mortgage intermediary must not give conflicted
has part: 158NF(2) Mortgage intermediary must not give conflicted
proposed by: legis2cml
realized by: sch-3-sec-158nf
schema version: 2

158NF(1) Mortgage intermediary must not give conflicted
type: Concept
source: c2023c00239.pdf, p.21
note: Must not give conflicted remuneration to licensees
asserts: c2023c00239-sch-3-sec-158nf-ss-1-norm
asserts: c2023c00239-sch-3-sec-158nf-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158nf-ss-1
schema version: 2
part of: 158NF Mortgage intermediary must not give conflicted

c2023c00239-sch-3-sec-158nf-ss-1-logic-deontic-1
type: LogicApplication
conclusion text: Mortgage intermediary must not give conflicted remuneration
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of conflicted remuneration
modality: Deontic
operator: Prohibit
premise text: Licensee is a mortgage broker or intermediary

c2023c00239-sch-3-sec-158nf-ss-1-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158NF(1) Mortgage intermediary must not give conflicted

158NF(2) Mortgage intermediary must not give conflicted
type: Concept
source: c2023c00239.pdf, p.21
note: Mortgage intermediary must not give conflicted remuneration to licensees or their representatives.
asserts: c2023c00239-sch-3-sec-158nf-ss-2-norm
asserts: c2023c00239-sch-3-sec-158nf-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158nf-ss-2
schema version: 2
part of: 158NF Mortgage intermediary must not give conflicted

c2023c00239-sch-3-sec-158nf-ss-2-logic-deontic-1
type: LogicApplication
conclusion text: ...civil penalty.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibition of conflicted remuneration
modality: Deontic
operator: Prohibit
premise text: Mortgage intermediary must not give...

c2023c00239-sch-3-sec-158nf-ss-2-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158NF(2) Mortgage intermediary must not give conflicted

158T Anti-avoidance
type: Concept
source: c2023c00239.pdf, p.21
note: Entering into a scheme to avoid application of provisions
asserts: c2023c00239-sch-3-sec-158t-norm
asserts: c2023c00239-sch-3-sec-158t-logic-deontic-1
asserts: c2023c00239-sch-3-sec-158t-logic-ltl-2
asserts: c2023c00239-sch-3-sec-158t-logic-deontic-3
asserts: c2023c00239-sch-3-sec-158t-logic-deontic-4
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-158t
schema version: 2

c2023c00239-sch-3-sec-158t-logic-deontic-1
type: LogicApplication
conclusion text: The scheme is prohibited.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits entering into a scheme to avoid application of provisions
modality: Deontic
operator: Prohibit
premise text: The person must not enter into, begin to carry out or carry out the scheme.

c2023c00239-sch-3-sec-158t-logic-deontic-3
type: LogicApplication
conclusion text: The person is prohibited from entering into a scheme.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits the person from entering into a scheme
modality: Deontic
operator: Prohibit
premise text: The person must not enter into, begin to carry out or carry out the scheme.

c2023c00239-sch-3-sec-158t-logic-deontic-4
type: LogicApplication
conclusion text: The persons are prohibited from entering into, beginning to carry out or carrying out the scheme.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Prohibits the persons who entered into, began to carry out or carried out the scheme from doing so
modality: Deontic
operator: Prohibit
premise text: The person must not enter into, begin to carry out or carry out the scheme.

c2023c00239-sch-3-sec-158t-logic-ltl-2
type: LogicApplication
conclusion text: The scheme is traced to its prohibited nature.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: Traces the scheme to its prohibited nature
modality: LTL
operator: Trace
premise text: The scheme has achieved, or apart from this section, would achieve, that purpose.

c2023c00239-sch-3-sec-158t-norm
type: Prohibition
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 158T Anti-avoidance

15A Meaning of associate
type: Concept
source: c2023c00239.pdf, p.12
curation status: Proposed
has part: 15A(1) Meaning of associate
has part: 15A(2) Meaning of associate
proposed by: legis2cml
realized by: sch-3-sec-15a
schema version: 2

15A(1) Meaning of associate
type: Concept
source: c2023c00239.pdf, p.12
note: Definition of associate for National Credit Code purposes
asserts: c2023c00239-sch-3-sec-15a-ss-1-norm
asserts: c2023c00239-sch-3-sec-15a-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-15a-ss-1
schema version: 2
part of: 15A Meaning of associate

c2023c00239-sch-3-sec-15a-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Definition of associate for National Credit Code purposes
modality: Deontic
operator: Obligate

c2023c00239-sch-3-sec-15a-ss-1-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 15A(1) Meaning of associate

15A(2) Meaning of associate
type: Concept
source: c2023c00239.pdf, p.12
note: Definition of associate in mortgage brokers regulations.
asserts: c2023c00239-sch-3-sec-15a-ss-2-norm
asserts: c2023c00239-sch-3-sec-15a-ss-2-logic-deontic-1
asserts: c2023c00239-sch-3-sec-15a-ss-2-logic-alleninterval-2
asserts: c2023c00239-sch-3-sec-15a-ss-2-logic-ltl-3
asserts: c2023c00239-sch-3-sec-15a-ss-2-logic-diffusion-4
asserts: c2023c00239-sch-3-sec-15a-ss-2-logic-cogai-5
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-15a-ss-2
schema version: 2
part of: 15A Meaning of associate

c2023c00239-sch-3-sec-15a-ss-2-logic-alleninterval-2
type: LogicApplication
conclusion text: circumstances prescribed by regulations: associates
confidence: 0.5000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Associates are defined during specific circumstances.
modality: AllenInterval
operator: during
premise text: (2) In any other case, a person is an associate of another person in the circumstances prescribed by the regulations.

c2023c00239-sch-3-sec-15a-ss-2-logic-cogai-5
type: LogicApplication
conclusion text: circumstances prescribed by regulations: associates
confidence: 0.5000
curation status: Proposed
execution surface: sparql_library::parsers::chk_parser
logic summary: Associates are defined during specific circumstances.
modality: CogAI
operator: during
premise text: (2) In any other case, a person is an associate of another person in the circumstances prescribed by the regulations.

c2023c00239-sch-3-sec-15a-ss-2-logic-deontic-1
type: LogicApplication
conclusion text: a person is an associate of another person
confidence: 0.5000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Associates are defined by regulations.
modality: Deontic
operator: is
premise text: (2) In any other case, a person is an associate of another person in the circumstances prescribed by the regulations.

c2023c00239-sch-3-sec-15a-ss-2-logic-diffusion-4
type: LogicApplication
conclusion text: circumstances prescribed by regulations: associates
confidence: 0.5000
curation status: Proposed
execution surface: modalities::diffusion
logic summary: Associates are defined during specific circumstances.
modality: Diffusion
operator: during
premise text: (2) In any other case, a person is an associate of another person in the circumstances prescribed by the regulations.

c2023c00239-sch-3-sec-15a-ss-2-logic-ltl-3
type: LogicApplication
conclusion text: circumstances prescribed by regulations: associates
confidence: 0.5000
curation status: Proposed
execution surface: modalities::temporal_ltl
logic summary: Associates are defined during specific circumstances.
modality: LTL
operator: during
premise text: (2) In any other case, a person is an associate of another person in the circumstances prescribed by the regulations.

c2023c00239-sch-3-sec-15a-ss-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 15A(2) Meaning of associate

15B Meaning of mortgage broker
type: Concept
source: c2023c00239.pdf, p.13
curation status: Proposed
has part: 15B(1) Meaning of mortgage broker
has part: 15B(2) Meaning of mortgage broker
proposed by: legis2cml
realized by: sch-3-sec-15b
schema version: 2

15B(1) Meaning of mortgage broker
type: Concept
source: c2023c00239.pdf, p.13
note: A licensee is a mortgage broker if they carry on a business of providing credit assistance in relation to credit contracts secured by mortgages over residential property.
asserts: c2023c00239-sch-3-sec-15b-ss-1-norm
asserts: c2023c00239-sch-3-sec-15b-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-15b-ss-1
schema version: 2
part of: 15B Meaning of mortgage broker

c2023c00239-sch-3-sec-15b-ss-1-logic-deontic-1
type: LogicApplication
conclusion text: (1) A licensee is a mortgage broker if: (a) the licensee carries on a business of providing credit assistance in relation to credit contracts secured by mortgages over residential property; and (b) the licensee does not perform the obligations, or exercise the rights, of a credit provider in relation to the majority of those credit contracts; and (c) in carrying on the business, the licensee provides credit assistance in relation to credit contracts offered by more than one credit provider.
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Definition of a mortgage broker
modality: Deontic
operator: is
premise text: (1) A licensee is a mortgage broker if: (a) the licensee carries on a business of providing credit assistance in relation to credit contracts secured by mortgages over residential property; and (b) the licensee does not perform the obligations, or exercise the rights, of a credit provider in relation to the majority of those credit contracts; and (c) in carrying on the business, the licensee provides credit assistance in relation to credit contracts offered by more than one credit provider.

c2023c00239-sch-3-sec-15b-ss-1-norm
type: Obligation
scope note: borne by: LegalPerson
curation status: Proposed
modality: Deontic
borne by: LegalPerson
deontic status: HeuristicDerived
part of: 15B(1) Meaning of mortgage broker

15B(2) Meaning of mortgage broker
type: Concept
source: c2023c00239.pdf, p.13
note: A credit representative is a mortgage broker if they meet specific conditions.
asserts: c2023c00239-sch-3-sec-15b-ss-2-norm
asserts: c2023c00239-sch-3-sec-15b-ss-2-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-15b-ss-2
schema version: 2
part of: 15B Meaning of mortgage broker

c2023c00239-sch-3-sec-15b-ss-2-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Definition of a mortgage broker
modality: Deontic
operator: is

c2023c00239-sch-3-sec-15b-ss-2-norm
type: Obligation
scope note: borne by: LegalPerson
curation status: Proposed
modality: Deontic
borne by: LegalPerson
deontic status: HeuristicDerived
part of: 15B(2) Meaning of mortgage broker

15C Meaning of mortgage intermediary
type: Concept
source: c2023c00239.pdf, p.13
curation status: Proposed
has part: 15C(1) Meaning of mortgage intermediary
has part: 15C(2) Meaning of mortgage intermediary
proposed by: legis2cml
realized by: sch-3-sec-15c
schema version: 2

15C(1) Meaning of mortgage intermediary
type: Concept
source: c2023c00239.pdf, p.13
note: Licensee must act as an intermediary in relation to credit contracts.
asserts: c2023c00239-sch-3-sec-15c-ss-1-norm
asserts: c2023c00239-sch-3-sec-15c-ss-1-logic-deontic-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-15c-ss-1
schema version: 2
part of: 15C Meaning of mortgage intermediary

c2023c00239-sch-3-sec-15c-ss-1-logic-deontic-1
type: LogicApplication
confidence: 1.0000
curation status: Proposed
execution surface: modalities::logic::deontic
logic summary: Obligation
modality: Deontic
operator: MUST

c2023c00239-sch-3-sec-15c-ss-1-norm
type: Obligation
scope note: borne by: LegalPerson
curation status: Proposed
modality: Deontic
borne by: LegalPerson
deontic status: HeuristicDerived
part of: 15C(1) Meaning of mortgage intermediary

15C(2) Meaning of mortgage intermediary
type: Concept
source: c2023c00239.pdf, p.13
note: Definition of credit representative as mortgage intermediary
asserts: c2023c00239-sch-3-sec-15c-ss-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-15c-ss-2
schema version: 2
part of: 15C Meaning of mortgage intermediary

c2023c00239-sch-3-sec-15c-ss-2-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 15C(2) Meaning of mortgage intermediary

17 February
type: Concept
source: c2023c00239.pdf, p.5
asserts: c2023c00239-sch-3-sec-17-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-17
schema version: 2

18 February
type: Concept
source: c2023c00239.pdf, p.5
note: Note: This table relates only to the provisions of this Act as originally enacted.
asserts: c2023c00239-sch-3-sec-18-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-18
schema version: 2

2 Commencement
type: Concept
source: c2023c00239.pdf, p.5
note: Commencement rules
asserts: c2023c00239-sch-3-sec-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-2
schema version: 2

2 Section 2
type: Concept
source: c2023c00239.pdf, p.5
note: Schedule 1
asserts: c2023c00239-sch-3-sec-2-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-2-2
schema version: 2

2 Subsection 5(1) (at the end of the definition of commission)
type: Concept
source: c2023c00239.pdf, p.12
note: Note on conflicted remuneration
asserts: c2023c00239-sch-3-sec-2-3-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-2-3
schema version: 2

c2023c00239-sch-3-sec-2-3-norm
type: Obligation
scope note: borne by: State
curation status: Proposed
modality: Deontic
borne by: State
deontic status: HeuristicDerived
part of: 2 Subsection 5(1) (at the end of the definition of commission)

3 Section 3
type: Concept
source: c2023c00239.pdf, p.5
note: The day after this Act receives the Royal Assent.
asserts: c2023c00239-sch-3-sec-3-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-3
schema version: 2

3 Schedules
type: Concept
source: c2023c00239.pdf, p.6
note: Legislation in schedules is amended or repealed according to its terms.
asserts: c2023c00239-sch-3-sec-3-2-norm
asserts: c2023c00239-sch-3-sec-3-2-logic-alleninterval-1
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-3-2
schema version: 2

c2023c00239-sch-3-sec-3-2-logic-alleninterval-1
type: LogicApplication
conclusion text: Temporal relation exists
confidence: 1.0000
curation status: Proposed
execution surface: modalities::interval_reasoning
logic summary: Temporal relation between schedules and the Act
modality: AllenInterval
operator: Applicable
premise text: Schedules are amended or repealed according to their terms

3 Subsection 5(1)
type: Concept
source: c2023c00239.pdf, p.12
note: References for definitions of conflicted remuneration, mortgage broker, and mortgage intermediary.
asserts: c2023c00239-sch-3-sec-3-3-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-3-3
schema version: 2

4 After section 15
type: Concept
source: c2023c00239.pdf, p.12
note: Insert clause after section 15
asserts: c2023c00239-sch-3-sec-4-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-4
schema version: 2

5 April 2021.
type: Concept
source: c2023c00239.pdf, p.5
asserts: c2023c00239-sch-3-sec-5-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-5
schema version: 2

5 April 2021
type: Concept
source: c2023c00239.pdf, p.5
asserts: c2023c00239-sch-3-sec-5-2-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-5-2
schema version: 2

5 After Part 3-5
type: Concept
source: c2023c00239.pdf, p.14
asserts: c2023c00239-sch-3-sec-5-3-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-5-3
schema version: 2

6 In the appropriate position
type: Concept
source: c2023c00239.pdf, p.22
note: Insert in an appropriate position
asserts: c2023c00239-sch-3-sec-6-norm
curation status: Proposed
proposed by: legis2cml
realized by: sch-3-sec-6
schema version: 2

15 September 2023
type: Concept
source: c2023c00239.pdf, p.1
note: Includes amendments up to Act No. 69, 2023
asserts: c2023c00239-sec-15-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-15
schema version: 2

21 September 2023
type: Concept
source: c2023c00239.pdf, p.1
note: Compilation information and notes on amendments.
asserts: c2023c00239-sec-21-norm
curation status: Proposed
proposed by: legis2cml
realized by: sec-21
schema version: 2

Financial Sector Reform (Hayne Royal Commission Response—Protecting Consumers (2019 Measures)) Act 2020
type: Document
date: 15 September 2023
description: An Act to amend the law relating to unfair contract terms and insurance contracts, funeral expenses facilities, funeral benefits, mortgage brokers and mortgage intermediaries, and for related purposes
identifier: No. 2 of 2020
curation status: Proposed
proposed by: legis2cml
category: AU