"securities"

means—

(a)	listed and unlisted—

(i)	shares, depository receipts and other equivalent equities in public companies, other than shares in a share block company as defined in the Share Blocks Control Act, 1980 (Act No. 59 of 1980);

(ii)	debentures, and bonds issued by public companies, public state-owned enterprises, the South African Reserve Bank and the Government of the Republic of South Africa;

(iii)

derivative instruments;

(iv)

notes;

(v)	participatory interests in a collective investment scheme as defined in the Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002), and units or any other form of participation in a foreign collective investment scheme approved by the Authority in terms of section 65 of that Act; and

[Paragraph (a)(v) substituted by section 290, item 1(z) of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice No. R. 99, GG 41433, dated 9 February 2018)]

(vi)	instruments based on an index;

(b)	units or any other form of participation in a collective investment scheme licensed or registered in a country other than the Republic;

(c)	the securities contemplated in paragraphs (a)(i) to (vi) and (b) that are listed on an external exchange;

(d)	an instrument similar to one or more of the securities contemplated in paragraphs (a) to (c) prescribed by the registrar to be a security for the purposes of this Act;

(e)	rights in the securities referred to in paragraphs (a) to (d), but excludes—

(i)	money market securities, except for the purposes of Chapter IV; or if prescribed by the registrar as contemplated in paragraph (d);

(ii)	the share capital of the South African Reserve Bank referred to in section 21 of the South African Reserve Bank Act, 1989 (Act No. 90 of 1989); and

(iii)

any security contemplated in paragraph (a) prescribed by the registrar;