"eligible financial institution"

means each of the following:

(a)	A financial institution licensed or required to be licensed as a bank in terms of the Banks Act;

(b)	a financial institution registered as a long-term insurer in terms of the Long-term Insurance Act or a short-term insurer in terms of the Short-term Insurance Act or licensed or required to be licensed in terms of the Insurance Act;

[Definition (b) substituted by section 1(a) of schedule 1 of Act No. 18 of 2017]

(c)	a market infrastructure; and

(d)	a financial institution prescribed in Regulations for the purposes of this definition;