(a) in relation to asset covered securities issued by a designated credit institution - means secured as provided by Part 7 over the relevant cover assets pool maintained by the institution to protect and satisfy the claims and rights of the holders of those securities,
(b) in relation to cover assets hedge contracts entered into by such an institution - means secured as so provided to protect and satisfy the claims and rights of the persons with whom the institution has entered into those contracts,
(c) in relation to the cover-assets monitor appointed in respect of such an institution under this Act - means secured as so provided to protect and satisfy the claims and rights of the monitor in connection with the monitor's appointment as such, and
(d) in relation to a manager appointed in respect of such an institution under this Act - means secured as so provided to protect and satisfy the claims and rights of the manager in connection with the manager's appointment as such