Asset backed securities
Definitions over time (1)
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20/05/2004 – 08/12/2006 Article 2, Commission Regulation (EC) No 809/2004 Scope: Whole act
For the purposes of this Regulation, the following definitions shall apply in addition to those laid down in Directive 2003/71/EC:
"Asset backed securities" means securities which: represent an interest in assets, including any rights intended to assure servicing, or the receipt or timeliness of receipts by holders of assets of amounts payable there under; or are secured by assets and the terms of which provide for payments which relate to payments or reasonable projections of payments calculated by reference to identified or identifiable assets;
Other definitions of this term in this act (1)
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