Settlement of Home Equity Access Scheme (HEAS) loan amounts 065-08020050

Policy

Social Security Guide, 3.4.5 HEAS - qualification & payability

Social Security Guide, 3.4.5.20 Security for HEAS

Social Security Guide, 3.4.5.90 Repayment of a HEAS loan

Legislation

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Social Security Act 1991, Part 3.12, Division 4

• section 1135, creation of a debt
• section1138, Existence of debt results in charge over assets
• section 1143, Registration of charge
• section 1144AA, No Negative Equity Guarantee