FIX1.04.00 · Released 10 August 2011
High Importance
FIXfinPOWER Connect
Released in
1.04.00
10 August 2011
  1. Opened21 Jun
  2. Closed21 Jun
  3. Released10 Aug
Article 8888 Job J007644

Loan Contract document; Total Advances did not include the value Refinanced

In the Loan Contract document, Loan_Contract_NZCCCFA.dot, the Total Advances box should include the Refinanced value in the total.

See "Advance" definition in CCCF Act 2003. This notes under the meaning of Advance "(b) A pre-existing monetary obligation of the debtor that is paid, discharged, or consolidated by the creditor".