Securitisation Trust definition clarifies entity forms and regulatory sources under income tax and financial regulations. Securitisation Trust is a distinct special-purpose entity-either a Special Purpose Vehicle or a trust set up by a securitisation company or an asset reconstruction company-recognised under clause (u) of regulation 2(1) of SEBI regulations on securitised debt instruments, the Securities Contracts (Regulation) Act, and established under the SARFAESI framework or pursuant to RBI guidelines on securitisation of standard assets.