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An additional advance may be approved for the following purposes:-
- to enlarge, modify or repair a person's home or retirement village accommodation;
- to pay road making charges;
- to re finance an existing mortgage on the home.
- to re finance a debt, owed by the person, in relation to the person's retirement village accommodation.
- to assist the person to continue holding a right of residence in a retirement village in the case of an assigned advance.