Definition of ‘Securitization Trusts’ as per the SEBI Regulations

Clause (r) or sub-regulation (1) of regulation 2 of the SEBI (Public Offer and Listing of Securitised Debt Instruments) Regulations, 2008 defines “securitisation” to mean :

• acquisition of debt or receivables

• by any special purpose distinct entity from any originator or originators

• for the purpose of issuance of securitised debt instruments to investors based on such debt or receivables and such issuance,

“Originator” under these Regulations, means the assignor of debt or receivables to a special purpose distinct entity for the purpose of securitisation.

Related Topics.....Assessment of TRUST

• 1. 'Charitable Trusts' - Meaning & About
• 2. Registration of Trust [Section 12A(1)]
• 3. Procedure for Registration of Trust or Institution [Section 12AA]
• 4. Formation of a 'Charitable & Religious Trust'
• 5. Essential Conditions for Exemption of Income under Section 11 in case of Charitable or Religious Trust
• 6. Exempted Incomes of Charitable or Religious Trust (Section 11)
• 7. Forms or Modes for Investing Funds of Charitable and Religious Trusts and Institutions [Section 11(5)]
• 8. 'Application of Income' by Charitable or Religious Trust [Section 11(1)]
• 9. 'Accumulation of Income' by Charitable or Religious Trust [Section 11(2)]
• 10. 'Voluntary Contribution' received by Trust - Tax Treatment
• 11. Taxation of Anonymous Donations received by Trust (Section 115BBC)
• 12. Tax Treatment of Capital Gain in case of Charitable Trusts
• 13. Forfeiture of Exemption of Incomes of Charitable / Religious Trusts / Institutions by virtue of Section-13
• 13. Tax treatment of Public Charitable/Religious Trust
• 15. Income of Certain Funds of National Importance, Educational Institutions and Medical Institutions Exempt from Tax [Section 10(23C) and Rules 2C and 2CA]
• 16. Levy of Tax where the Charitable Institution Ceases to Exist or Converts into a Non-Charitable Organization (Section 115TD)
• 17. Tax on Accreted Income of Charitable Trust or Institutions (Section 115TD)