Regulation 3

the business rules of an approved exchange, a licensed trade repository or an approved clearing house, which have effect as a contract by virtue of section 24, 46R or 67 (as the case may be) of the Securities and Futures Act;

the business rules of a licensed foreign trade repository, recognised clearing house or recognised market operator which operate as a contract —

between the licensed foreign trade repository and its participants, and between each participant and each other participant; or

between the recognised clearing house or recognised market operator and its members, and between each member and each other member;

any contract between a recognised clearing house or recognised market operator and its members, or any contract between a licensed foreign trade repository and its participants, containing or incorporating by reference the business rules of the recognised clearing house, recognised market operator or licensed foreign trade repository, as the case may be;

the depository rules (as may be amended from time to time) in relation to the operation of the Central Depository System, which have the same force and effect as if made by an approved exchange under section 81ST of the Securities and Futures Act, and have effect as a contract by virtue of section 24 of that Act;

any contract containing or incorporating by reference the designated system operating rules of a designated system, that is entered into —

between the operator of the designated system and a participant of the designated system;

between the operator or a participant of the designated system and another party; or

between such other party mentioned in sub‑paragraph (ii) and a further party for the purpose of carrying out a contract mentioned in sub‑paragraph (i) or (ii);

any derivatives contract, margin lending agreement or securities contract;

any master netting agreement, securities lending or repurchase agreement, commodities lending or repurchase contract, or spot contract, that contains a netting arrangement or set‑off arrangement;

any contract or agreement that is —

a covered bond; or

connected with a covered bond or the issuing of a covered bond;

any contract or agreement that is, or that is directly connected with, a debenture;

any agreement to clear or settle transactions relating to a derivatives contract;

any contract between —

an approved exchange, an approved clearing house, a recognised clearing house or a recognised market operator; and

one or more of its members,for the sale, purchase or transfer of any capital markets products, which is to be carried out pursuant to the business rules of the approved exchange, approved clearing house, recognised clearing house or recognised market operator (as the case may be) mentioned in paragraph (a) or (b);

any contract for the offer of asset-backed securities by a securitisation special purpose vehicle, or any contract connected with such offer of asset‑backed securities or the securitisation transaction pursuant to which the securities are issued;

any contract that creates a mortgage, charge, pledge, lien or other type of security interest that is recognised by law, being a mortgage, charge, pledge, lien or other security interest that secures an obligation under a financial contract mentioned in paragraphs (a) to (l);

any contract providing for a guarantee, letter of credit, title transfer of assets, or other credit support arrangement in respect of an obligation under a financial contract mentioned in paragraphs (a) to (l).