The Securities (Specification of Approved Assets, Liquid Assets and Ranking Liabilities) Notice

RULE 31-THE SECURITIES (SPECIFICATION OF APPROVED ASSETS, LIQUID ASSETS AND
RANKING LIABILITIES) NOTICE

Notice by the Securities and Exchange Commission

1. This Notice may be cited as the Securities (Specification of Approved Assets, Liquid Assets and
   Ranking Liabilities) Notice.
   
2. In this Notice, unless the context otherwise requires-
   “licensed bank” means a bank registered under the Banking Act or licensed or registered under any Act
   amending or replacing that Act;
   “the Rules” means the Securities (Accounting and Financial Requirements) Rules, 1993