Structured Finance Support (Coronavirus Economic Response Package) Rules 2020
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Structured Finance Support (Coronavirus Economic Response Package) Rules 2020
I, Josh Frydenberg, Treasurer, make the following rules.
Dated 25 March 2020
Josh Frydenberg
Treasurer
Contents
1 Name
2 Commencement
3 Authority
4 Definitions
5 Authorised debt securities
6 Eligible delegates
1 Name
This instrument is the Structured Finance Support (Coronavirus Economic Response Package) Rules 2020.
2 Commencement
(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
- Commencement information
- Column 1 Column 2 Column 3
- Provisions Commencement Date/Details
-
- The whole of this instrument The day after this instrument is registered.
Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.
(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.
3 Authority
This instrument is made under the Structured Finance Support (Coronavirus Economic Response Package) Act 2020.
4 Definitions
Note: Expressions have the same meaning in this instrument as in the Act as in force from time to time—see paragraph 13(1)(b) of the Legislation Act 2003.
In this instrument:
Act means the Structured Finance Support (Coronavirus Economic Response Package) Act 2020.
5 Authorised debt securities
For the purposes of paragraph 12(4)(d) of the Act, the debt security must not be a first loss security.
6 Eligible delegates
For the purposes of subsection 18(2) of the Act, the Australian Office of Financial Management is prescribed.