1. For the purposes of this Regulation, the following definitions apply:
(1) "central securities depository" or "CSD" means a legal person that operates a securities settlement system referred to in point (3) of Section A of the Annex and provides at least one other core service listed in Section A of the Annex;
(2) "third-country CSD" means any legal entity established in a third country that provides a similar service to the core service referred to in point (3) of Section A of the Annex and performs at least one other core service listed in Section A of the Annex;
(3) "immobilisation" means the act of concentrating the location of physical securities in a CSD in a way that enables subsequent transfers to be made by book entry;
(4) "dematerialised form" means the fact that financial instruments exist only as book entry records;
(5) "receiving CSD" means the CSD which receives the request of another CSD to have access to its services through a CSD link;
(6) "requesting CSD" means the
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