Victoria

Participation Rule Waivers – Victoria

 

The Participation Rule Waivers for Victoria listed below were first published by the Registrar in Victoria and are re-published here with consent and for convenience.

The Version Number aligns with the Version Number of the Participation Rules applying in Victoria when the waiver was granted.

The description provided with each waiver indicates the nature of the relief granted from compliance with the Participation Rules in Victoria applying between the Effective from and to dates.

If there is no Effective to date listed, the waiver remains effective.

Effective from Effective to
Version 6
Vic Participation Rules Waiver PR8-2021
Subject to the Conditions, the Registrar grants the Crown in right of Victoria through its departments and agencies and Victorian Statutory Bodies (Victorian Government Entities) a partial waiver of their obligations to comply with the Affected Participation Rules 5.1.1, 6.3, 7.10 and Certification Rule 2.
19/08/2021
Vic Participation Rules Waiver PR7-2021
This partial waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 7.7.1(b) and 7.7.2 (Jeopardised Conveyancing Transactions)
12/04/2021
12/06/2021
Vic Participation Rules Waiver PR6-2021
This partial waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 7.2.3(a) (User Good Character)
12/04/2021
12/10/2021
Vic Participation Rules Waiver PR5-2021
This partial waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 7.2.1(b) (Training on Secure Use of the ELN)
12/04/2021
12/10/2021
Vic Participation Rules Waiver PR4-2021
This waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 6.13.1(d) (Transfer of Mortgage)
12/04/2021
12/07/2021
Vic Participation Rules Waiver PR3-2021
This waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 6.5.1(f) (Verification of Identity of Users)
12/04/2021
12/07/2021
Vic Participation Rules Waiver PR2-2021
This partial waiver provides Subscribers with conditional relief from compliance with Vic Participation Rule 4.5 (Business Names)
12/04/2021
12/10/2021
Vic Participation Rules Waiver PR1-2021
This partial waiver provides Subscribers to an Electronic Lodgment Network with conditional relief from compliance with the Vic Participation Rule 7.10 (Certifications)
12/04/2021
Version 5
Vic Participation Rules Waiver PR3-2019
This partial waiver provides Subscribers with conditional relief from compliance with the Vic Participation Rule 6.5.1
25/02/2019
Vic Participation Rules Waiver PR1-2020
This partial waiver provides Subscribers with conditional relief from compliance with the Vic Participation Rule 7.10.1 as it applies to Certification 6 in the Certification Rules
30/03/2020
31/12/2020
Vic Participation Rules Waiver PR2-2019
This partial waiver provides relief for Sympli Australia Pty Ltd from compliance with the Vic Participation Rule 7.10
25/02/2019
Vic Participation Rules Waiver PR1-2019
This partial waiver provides Subscribers with conditional relief from compliance with the Vic Participation Rule 7.10
25/02/2019
Version 4
Vic Participation Rules Waiver PR1-2018
This waiver provides relief for State Trustees Ltd from the insurance excess requirement in the Vic Participation Rules, replacing PR2-2016
16/06/2016
24/02/2019
Vic Participation Rules Waiver PR1-2017
This partial waiver provides Subscribers with conditional relief from compliance with the Vic Participation Rule 7.2 to permit a Subscriber to use process automation for accessing the ELN and data entry.
10/08/2017
Version 3
Vic Participation Rules Waiver PR4-2016
This waiver provides non-ADI mortgage lenders with conditional relief from compliance with the Vic Participation Rule requiring compliance with the Insurance Rules for Subscribers.
30/11/2016
Vic Participation Rules Waiver PR3-2016
This waiver provides non-ADI mortgage lenders with conditional relief from compliance with the Vic Participation Rule requiring compliance with the Insurance Rules for Subscribers.
06/09/2016
29/11/2016
Vic Participation Rules Waiver PR2-2016
This waiver provides relief for State Trustees Ltd from the insurance excess requirement in the Vic Participation Rules.
02/03/2016
Vic Participation Rules Waiver PR1-2016
This waiver provides relief for Subscribers from compliance with Vic Participation Rules Versions 1, 2 and 3 by permitting the receipt of a Subscriber or Identity Agent Certification substantially compliant with the Rules.
04/2013
Vic_Participation_Rules_Waiver_PR3-2015
This waiver provides Subscribers with temporary relief from the Vic Participation Rule requiring use of amended certifications #3 and #5 in Schedule 3.
09/11/2015
Version 2
Vic Participation Rules Waiver PR1-2014
The Goulburn-Murray Rural Water Corporation is now deemed to comply with the Insurance Rules in the Vic Participation Rules. Accordingly, this waiver no longer applies.
24/07/2014
21/10/2019
Vic Participation Rules Waiver PR1-2015
This waiver provides relief for the Melbourne City Council from compliance with the Vic Participation Rule requiring uncapped professional indemnity and fidelity insurance on the condition that the Council does not act as a Representative.
24/02/2015
Vic Participation Rules Waiver PR2-2015
This waiver provides relief for Subscribers from compliance with the Vic Participation Rule requiring identity verification of mortgagors at or before signing of the mortgage.
09/04/2015
09/11/2015
Version 1
Vic Participation Rules Waiver PR1-2013
This waiver provides relief for the Commonwealth Bank of Australia from the Vic Participation Rule requiring use of Certification #6 in Schedule 3.
12/09/2013
16/06/2014