Queensland Consolidated Acts

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DUTIES ACT 2001 - SECT 288

What is a pool of mortgages

288 What is a pool of mortgages

(1) A
"pool of mortgages" is a pool or collection of assets that consists solely of mortgages.
(2) Also, a
"pool of mortgages" is a pool or collection of assets that consists substantially or, if another extent is prescribed under a regulation, to the extent prescribed, of mortgages or amounts paid under mortgages, or a combination of them, if the other assets in the pool or collection are cash or an authorised investment.



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