s 133 Interpretation of this Part
133. In this Part, unless the context otherwise requires —“book-entry MAS securities” means any securities issued by the Authority under this Part in the form of an entry in the records of the Authority; “depositary institution” means a financial institution approved by the Authority which regularly —(a) accepts in the course of its business book‑entry MAS securities by way of a custodial service for its customers; and (b) maintains accounts in the names of its customers reflecting ownership or interest in such book‑entry MAS securities; “depositor” means any person in whose name an account is established and maintained on the records of the Authority; “pledge” includes a pledge of, or any security interest in, book‑entry MAS securities —(a) as collateral for loans or advances; or (b) to secure the performance of an obligation; “security interest” means an interest, not being an interest arising from a trust, in property which secures the payment of a debt or performance of an obligation.[9/2013; 31/2017]