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Government and Public Securities

Government and Public Securities
(1) Securities that are loan stock, bonds or other instruments creating or acknowledging indebtedness, issued by or on behalf of an Exempt Offeror or a subdivision thereof or a local or other public authority of any country or jurisdiction which is an Exempt Offeror.
(2) There are excluded from the Securities specified in (1) so far as applicable:
(a) an instrument creating or acknowledging indebtedness for, or for money borrowed to defray, the consideration payable under a contract for the supply of goods or services;
(b) a cheque or other bill of exchange, a banker's draft or a letter of credit (but not a bill of exchange accepted by a banker);
(c) a banknote, a statement showing a balance on a bank account, or a lease or other disposition of property; and
(d) a Contract of Insurance.
[Added]DFSA RM34/2006[VER9/08-06]