(a) Commercial real estate exposures secured by properties of types that are categorised by the CBB periodically as sharing higher volatilities in portfolio default rates;

(b) Loans financing any of the land acquisition, development and construction (ADC) phases for properties of those types in such jurisdictions; and

(c) Loans financing ADC of any other properties where the source of repayment at origination of the exposure is either the future uncertain sale of the property or cash flows whose source of repayment is substantially uncertain (e.g. the property has not yet been leased to the occupancy rate prevailing in that geographic market for that type of commercial real estate), unless the borrower has substantial equity at risk.