Duties Act 2001

Transfer duty is not imposed on a dutiable transaction that is a transfer, or agreement for the transfer, of—

an asset-backed security; or

a financial asset or pool of financial assets for creating, issuing, marketing or securing an asset-backed security.

Also, transfer duty is not imposed on a dutiable transaction that—

is the creation of a trust of dutiable property or a trust acquisition; and

is required for creating, issuing, marketing, acquiring or securing an asset-backed security.

In addition, transfer duty is not imposed on a dutiable transaction that is a trust surrender required to give effect to a redemption of an asset-backed security.