Catalysis of the endonucleolytic cleavage of RNA, removing extra 3' nucleotides from tRNA precursor, generating 3' termini of tRNAs. A 3'-hydroxy group is left at the tRNA terminus and a 5'-phosphoryl group is left at the trailer molecule.
Synonyms:
broad_synonym:
RNase Z activity; ribonuclease Z activity
related_synonym:
3 tRNase activity; tRNA 3 endonuclease activity; tRNAse Z