#### 58S Debentures not liable to duty if mortgage duly stamped Where: (a) the repayment of any corporate debentures is secured on a mortgage referred to in paragraph (g) of the definition of mortgage in section 58H, not being an instrument of trust, and the amount secured is not less than the amount repayable in respect of those debentures; or (b) the interests of the holders of any corporate debentures to which a mortgage so referred to, being an instrument of trust, relates are protected by the mortgage to an extent not less than the amount repayable in respect of the debentures; and the mortgage is duly stamped, the debentures shall be deemed to be duly stamped.

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Section 58S - Australian Capital Territory Taxation (Administration) Act 1969 - Debentures not liable to duty if mortgage duly stamped — Zoe