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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 August 2023 - onwards
Version 7 of 7

3. Interpretation.

(1) In this Act, unless the context otherwise requires -

"this Act" includes a regulation made under this Act;

"agricultural land" means land that is used, or set aside for use, primarily for the purpose of growing crops or other agricultural products, or for grazing stock or raising domestic animals or birds, and includes all improvements made to the land for that purpose;

"asset" includes an interest in an asset;

"asset covered securities" (a) in relation to a designated or formerly designated mortgage credit institution, means mortgage covered securities issued by the institution, (ab) in relation to a designated or formerly designated commercial mortgage credit institution, means commercial mortgage covered securities issued by the institution, and (b) in relation to a designated or formerly designated public credit institution, means public credit covered securities issued by the institution;