S.L. 386.16 Art. 25Securitisation transactions.

(1) A securitisation cell company may enter into one or more securitisation transactions in respect of a cell created within the securitisation cell company, provided that the securitisation assets allocated to a cell shall originate from the same originator.

(2) A securitisation cell company may not enter into securitisation transactions in respect of the non-cellular assets of the cell company.