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NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 28LB

Key Facts Sheets for standard home loans

  (1)   For section   133AB of the Act, Schedule   5 sets out:

  (a)   the Key Facts Sheet for a standard home loan; and

  (b)   requirements for how the information in a Key Facts Sheet is to be prepared for a particular consumer and loan.

  (2)   A Key Facts Sheet that is given to a consumer or published online must meet the following requirements:

  (a)   the Key Facts Sheet must be in A4 size;

  (b)   all text in the Key Facts Sheet must be black on a white background, unless otherwise specified in this regulation;

  (c)   the text, except the heading, in the 'Description of this home loan' box must be black on a light blue background;

  (ca)   the text in the second row of the 'Estimated cost of this home loan' box must be black on a light blue background;

  (d)   the headings to all boxes must be white on a blue background;

  (e)   all other headings must be blue on a white background.

  (3)   However, if a lender is not able to print the Key Facts Sheet using a colour printer, the lender may print a Key Facts Sheet in black and white.



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