39. Underwriters to open securities accounts

Terms defined in s 2

• Act

  Act

  Defined · s 2

  ―Act‖ includes any regulations made under this Act;

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• deposited security

  deposited security

  Defined · s 2

  ―deposited security‖ means a security standing to the credit of a securities account and includes a security in a securities account that is in suspense;

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• securities account

  securities account

  Defined · s 2

  ―securities account‖ means an account established by a central depository for a depositor for the recording of deposit of securities and for dealings in such securities by the depositor;

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• security

  security

  Defined · s 2

  ―security‖ means debenture, note, stock and share in a public company or corporation, or bond of any government or of any body, corporate or unincorporate, and includes any right or option in respect thereof, any interest as defined in section 84 of the Companies Act 1965 and any interest in a unit trust scheme;

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• stock exchange

  stock exchange

  Defined · s 2

  ―stock exchange‖ has the same meaning as is assigned to that expression under subsection 2(1) of the *Securities Industry Act 1983; *NOTE—This Act has since been repealed by Capital Market and Services Act 2007 which comes into operation on 28 September 2007 except Division 2 of Part VI which comes into operation on 1 April 2010–see subsection 381(2)…

  Open s 2