FN Arena new investor bonus terms & conditions

1. New Investor Bonus offer

1.1. This offer commences on 19 March 2020 and is available to all New Investors who satisfy the applicable Eligibility Criteria set out below by 30 April 2020 (Termination Date).

1.2. A person who becomes a member of the RateSetter Lending Platform in accordance with the Eligibility Criteria (New Investor) is entitled, pursuant to clause 1.3, to receive the New Investor Bonus.

1.3. The New Investor Bonus will be credited by way of an addition of $25 to the New Investor’s Portfolio. For this purpose, the responsible entity of the RateSetter Lending Platform will treat the participation in the New Investor Bonus offer by a New Investor as an application for an addition of funds to the member’s holding account, made at the time that the New Investor Bonus is paid.

1.4. Where a New Investor becomes a member of the RateSetter Lending Platform in the capacity of a joint member, a trustee or a company, only one New Investor Bonus will be paid to the member under this offer.

1.5. The offer is not applicable in conjunction with any other promotional offer unless expressly indicated.

2. New Investors

2.1. A New Investor is eligible to receive the New Investor Bonus upon meeting the following conditions (the ‘Eligibility Criteria’) before the Termination Date:

2.1.1. The New Investor registers as a member of the RateSetter Lending Platform using the link on the RateSetter landing page being https://www.ratesetter.com.au/investing/?partnerId=d2df6ddb-7e24-42bf-942f-5d9972e06251 and;

2.1.2. The New Investor is accepted as a member of the RateSetter Lending Platform and;

2.1.3 The New Member transfers $100 or more into their holding account and places orders any of the RateSetter lending markets such that at least $100 is ‘on loan’ to borrowers.

2.2. If a New Investor (or any of their associates or related entities, including without limitation where the related entity is a trust for which the New Investor is a trustee or beneficiary) is or has previously been a member of the RateSetter Lending Platform, then the New Investor is not eligible for this offer.

2.3. A New Investor can receive at most only one New Investor Bonus under this offer.

2.4. The use of a false name or address when registering to become a member of the RateSetter Lending Platform will result in the Eligibility Criteria not being met and the New Investor not being eligible for the New Investor Bonus.

3. Other terms

3.1. Applications to be a member generated by a script, macro, robot or any other automated process not authorized in writing by RateSetter Australia will be void.

3.2. No responsibility can be accepted for applications or funds transferred lost, delayed or corrupted, or due to computer error in transit.

3.3. Any amounts payable to a New Investor are not transferable to another individual or member and no other alternatives will be offered.

3.4. RateSetter Australia reserves the right to amend or alter or cancel this offer and reject claims for the New Investor Bonus from New Investors not entering into the spirit of the promotion.

3.5. RateSetter Australia reserves the right of ownership of any member-generated content submitted to the promotion and unreserved rights of reproduction in any marketing or promotional media that it sees fit.

3.6. Members may incur a tax liability in relation to the New Investor Bonus. Any tax liabilities arising under this promotion are those of the relevant New Investor.

3.7. Any amount payable under this offer is inclusive of GST (if applicable). You will tell us if you have a liability for GST in respect of any amount payable under this offer. If you have a liability for GST, you will provide us with a tax invoice for the supply within 28 days of the payment.

3.8. The promotion may be modified or withdrawn at any time.

3.9. Where this offer is withdrawn in accordance with clause 3.8, RateSetter will honour all approved New Investor membership applications made before the offer is withdrawn, provided that New Investors satisfy all the Eligibility Criteria.

3.10. The New Investor Bonus will be paid within 30 days of the relevant Eligibility Criteria being met.

3.11. In this offer, unless defined in this document or the context otherwise requires, terms have the same meaning as set out in the Product Disclosure Statement of the RateSetter Lending Platform.

3.12. This offer will be governed by and construed according to the laws in force in the state of New South Wales. Each party unconditionally and irrevocably submits to the exclusive jurisdiction of Courts with jurisdiction in New South Wales and all appellate Courts from such Courts.