Interpretative Decision - ID 2014/39

The first interpretative decision -ID 2014/39 - relates to the acquisition of shares where the key features of the loan terms were

• zero interest rate;
• LVR ratio was 100%;
• 20 year term;
• loan repayment at the end of the 20 year term; and
• no security other than a charge of the acquired property (which were shares in this case).