Clause 2

In this Act, unless the context otherwise requires —“advance deposits” means such deposits as are received under the provisions of subsection (1) of section 17 of this Act;“Bank” means the Bank appointed under section 11 of this Act;“Crown Agents” means the Crown Agents for Oversea Governments and Administrations in England;“local stock” means any stock issued in Singapore under this Act or under any of the written laws set out in the Schedule to this Act;“trustee stock” means any of the securities mentioned in any written law for the time being in force relating to trustees;“Treasury” means the Minister charged with the responsibility for finance and includes any officer under the administrative control or direction of the Minister.