A fully supported ABCP programme shall not be considered to be a resecuritisation for the purposes of this Article, provided that none of the ABCP transactions within that programme is a resecuritisation and that the credit enhancement does not establish a second layer of tranching at the programme level.
Chun críocha an Airteagail seo, níor cheart a mheas gur ath-urrúsú é clár ABCP dá dtugtar lántacaíocht, ar choinníoll nach ath-urrúsú é aon cheann de na hidirbhearta ABCP laistigh den chlár sin agus nach mbunaítear an dara sraith de thráinsiú ar leibhéal an chláir leis an bhfeabhsú creidmheasa.