"level one high-quality liquid assets"
means—
| (a) | cash; |
| (b) | gold coin and bullion; |
| (c) | such percentage or amount of central bank reserves as may be determined by the Governor of the Reserve Bank from time to time; |
| (d) | marketable securities representing claims on or claims guaranteed by sovereigns, central banks, non-central government public sector entities, the Bank for International Settlements, the International Monetary Fund, the European Commission or multilateral development banks that comply with such requirements or such conditions as may be prescribed; |
[Definition inserted by section 1(k) of Act No. 22 of 2013 as the substitution for "liquid assets"]