1.5
In forceInterests to which the Act applies
Part 1Preliminary
Division 2General application of the Act
1.5 Interests to which the Act applies
(1)
For subsection 8(3) of the Act, the Act applies to:
(a)
a mortgage‑backed security; and
(b)
if transferred to a person in connection with the issue by the person of a mortgage‑backed security—a real property mortgage loan.
(2)
In this regulation:
mortgage‑backed security has the meaning given by section 286 of the Duties Act 2001 (Qld).
This Act’s bill:Explanatory statement
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