s 130F
In forceWhat is a pool of financial assets
Chapter 2Transfer duty
Part 13Exemptions for transfer duty
Division 3BExemptions for asset-backed securities
Subdivision 1Some basic concepts for asset-backed securities
130F What is a pool of financial assets
(1)
A pool of financial assets is a pool or collection of assets that consists solely of financial assets.
(2)
Also, a pool of financial assets is a pool or collection of assets that consists substantially or, if another extent is prescribed under a regulation, to the extent prescribed, of financial assets or amounts paid under financial assets, or a combination of them, if the other assets in the pool or collection are cash or an authorised investment.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.