Securities Services Act, 2004 (Act No. 36 of 2004)

In this Chapter, unless the context indicates otherwise-

"central securities account" means an account kept by a central securities depository for a participant and reflecting the number or nominal value of securities’ of each kind deposited and all entries made in respect of such securities;

"central securities depository" means a collection of securities of the same kind held by a central securities depository;

"certificated securities" means securities evidenced by a certificate or written instrument;

"deposit" means a deposit of securities and includes a deposit by means of an entry in a securities account or a central securities account;

"entry" includes an electronic recording of any deposit, withdrawal, transfer, attachment, pledge, cession to secure a debt or other transaction in respect of securities;

"securities" includes certificated securities and uncertificated securities and money market instruments;

"securities account" means an account kept by or on behalf of a participant for a client and reflecting the number or nominal value of securities of each kind deposited and all entries made in respect of such securities;

"securities of the same kind" means securities of the same class and issued by the same issuer;

"securities repository" means a collection of securities of the same kind held by a participant;

"subregister" means a subregister as defined in section 91A of the Companies Act;

"uncertificated securities" means securities that are not evidenced by a certificate or written instrument and are transferable by entry without a written instrument.