Clause 2

In this Act, unless the context otherwise requires —“advance deposits” means such deposits as are received under section 21;“Authority” means the Monetary Authority of Singapore established under section 3 of the Monetary Authority of Singapore Act (Cap. 195);“bearer bond” means a bearer bond issued under this Act;“book-entry Government security” means any stock or bond issued in Singapore under Part IV in the form of an entry on the records of the Authority;“local stock” means any stock or book-entry Government security issued in Singapore under this Act or any stock issued under any of the written laws set out in the Schedule;“regulations” means regulations made under this Act and, in relation to any particular issue of stock, bearer bonds or book-entry Government securities, includes any notification in the Gazette varying such regulations in relation to that issue;“trustee stock” means any of the securities mentioned in any written law for the time being in force relating to trustees.