sec.130HExemption—particular transactions for asset-backed securities

### sec.130H Exemption—particular transactions for asset-backed securities 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. s 130H ins 2002 No. 65 s 14 (retro) (sec.130H-ssec.1) 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. (sec.130H-ssec.2) 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. (sec.130H-ssec.3) 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. - (a) an asset-backed security; or - (b) a financial asset or pool of financial assets for creating, issuing, marketing or securing an asset-backed security. - (a) is the creation of a trust of dutiable property or a trust acquisition; and - (b) is required for creating, issuing, marketing, acquiring or securing an asset-backed security.