Exhibit 34.3

 

Report of Independent Registered Public Accounting Firm

 

The Board of Directors

Perpetual Trustee Company Limited:

 

Wehave examined management's assessment, included in the accompanying Report onAssessment of Compliance with Regulation AB Servicing Criteria, that PerpetualTrustee Company Limited (the "Company") complied with the servicing criteria setforth in Item 1122(d) of the Securities and Exchange Commission's Regulation ABfor asset-backed securities transactions for which the Company served as issuertrustee that are backed by the same asset type backing the asset-backedsecurities of the Medallion Trust Series 2007 - 1G (including the MedallionTrust Series 2007 - 1G asset-backed securities transaction), that were completedon or after January 1, 2006 and that were registered with the SEC pursuant tothe Securities Act of 1933 (the "Platform"), as of June 30, 2007 and for theperiod from February 27, 2007 (the date of issuance of the Medallion TrustSeries 2007 1G transaction subject to the requirements of Regulation AB) to June30, 2007 (the "Reporting Period") except for servicing criteria229.1122(d)(1)(ii), 1122(d)(1)(iii), 1122(d)(1)(iv), 1122(d)(2)(i), 1122(d)(3)(i),1122(d)(3)(iii), 1122(d)(3)(iv), 1122(d)(4)(i), 1122(d)(4)(ii), 1122(d)(4)(iii),1122(d)(4)(iv), 1122(d)(4)(v), 1122(d)(4)(vi), 1122(d)(4)(vii),1122(d)(4)(viii), 1122(d)(4)(ix), 1122(d)(4)(x), 1122(d)(4)(xi),1122(d)(4)(xii), 1122(d)(4)(xiii) and 1122(d)(4)(xiv), which the Company hasdetermined are not applicable to the activities it performs with respect to thePlatform. Appendix A identifies the individual asset-backed transactions andsecurities defined by management as constituting the Platform. Management isresponsible for the Company's compliance with those servicing criteria. Ourresponsibility is to express an opinion on management's assessment about theCompany's compliance based on our examination.

 

Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States)****and, accordingly, included examining, on a test basis, evidence about the Company’s compliance with the servicing criteria specified above and performing such other procedures as we considered necessary in the circumstances.  Our examination included testing of less than all of the individual asset-backed transactions and securities that comprise the Platform, testing of less than all of the servicing activities related to the Platform, and determining whether the Company processed those selected transactions and performed those selected activities in compliance with the servicing criteria.  Furthermore, our procedures were limited to the selected transactions and servicing activities performed by the Company during the periodcovered by this report.  Our procedures were not designed to determine whether errors may have occurred either prior to or subsequent to our tests that may have affected the balances or amounts calculated or reported by the Company during the period covered by this report for the selected transactions or any other transactions. We believe that our examination provides a reasonable basis for our opinion.  Our examination does not provide a legal determination on the Company’s compliance with the servicing criteria.

In our opinion, management’s assessment that the Company complied with the aforementioned servicing criteria as of June 30, 2007 and for the reporting period February 27, 2007 to June 30, 2007 is fairly stated, in all material respects.

 

KPMG

/s/ KPMG

Sydney

5 September 2007

 

Appendix A

 

Individual Asset-Backed Transactions defined by Management as Constituting the Platform

 

Medallion Trust Series 2007 1G