Exhibit 4.11
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                            Notice of Creation of Trust
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                            To:     [Name of Issuer Trustee] ("Issuer Trustee")

                            From:   National Global MBS Manager Pty Ltd
                                    (ABN 36 102 668 226) ("Global Trust
                                    Manager")

                            Under clause 3.1 of the Master Trust Deed
                            dated [ ] [between the Issuer Trustee and
                            the Global Trust Manager / to which the
                            Issuer Trustee agreed to be bound under a
                            deed dated [ ]] establishing the National
                            RMBS Trusts (as amended from time to time)
                            ("Master Trust Deed") the Global Trust
                            Manager gives notice of the creation of a
                            Trust under the Master Trust Deed to be
                            known as the National RMBS Trust 200[ ]-[ ].

                            The National RMBS Trust 200[ ]-[ ]will be a
                            Trust for the purposes of the Master Trust
                            Deed.

                            This Notice of Creation of Trust is
                            accompanied by $10 in accordance with clause
                            3.1(b) of the Master Trust Deed.

                            The Residual Capital Unitholder of the Trust
                            is [ ] and the Residual Income Unitholder of
                            the Trust is [ ] each of whom has
                            contributed $5 of the accompanying $10 as
                            the initial issue price of their respective
                            units.

                            The above sum of $10 will vest in the Issuer
                            Trustee and be held by the Issuer Trustee on
                            and subject to the trusts, terms and
                            conditions of the Master Trust Deed and the
                            Supplemental Deed to be dated on or about [
                            ] in respect of this Trust and will be
                            invested by the Issuer Trustee in accordance
                            with the provisions of the Supplemental Deed
                            and the Master Trust Deed.

                            Terms defined for the purposes of the Master
                            Trust Deed have the same meaning when used
                            in this Notice of Creation of Trust.

                            Dated:    [                  ]

                            For and on behalf of the Global Trust Manager



                            ....................................
                            Authorised Person

                            For and on behalf of the Issuer Trustee



                            ............................................
                            Authorised Person