Clause 2

In this Ordinance, unless the context otherwise requires —“advance deposits” means such deposits as are received under the provisions of subsection (1) of section 17 of this Ordinance;“Bank” means the Bank appointed under section 11 of this Ordinance;“Crown Agents” means the Crown Agents for Oversea Governments and Administrations in England;“local stock” means any stock issued in Singapore under this Ordinance or under any of the written laws set out in the Schedule to this Ordinance;“trustee stock” means any of the securities mentioned in section 4 of the Trustees Ordinance (Cap. 34);“Treasury” has the meaning assigned to it in the Financial Procedure Ordinance, 1959 (Ord. 39 of 1959).