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Interpretation, etc. 4. In this Act "local authority" means [a district council ...] ...; "registered securities" means transferable securities the holders of which are entered in a register (whether maintained in Northern Ireland or not); "securities" means shares, stock, debentures, debenture stock, loan stock, bonds, units of a unit trust scheme, or other shares of the investments subject to the trusts of such a scheme, and other securities of any description; "stock exchange transaction" means a sale and purchase of securities in which each of the parties is a member of a stock exchange acting in the ordinary course of his business as such or is acting through the agency of such a member; "stock exchange" means the Belfast Stock Exchange and any other stock exchange (whether in Northern Ireland or not) which is declared by order of the Ministry of Finance to be a recognised stock exchange for the purposes of this Act.
© 1963 Crown Copyright
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