In this Act—

• “local authority” means [F1 a district council …F2] …F2;

• “registered securities” means transferable securities the holders of which are entered in a register (whether maintained in Northern Ireland or not);

• “securities” means shares, stock, debentures, debenture stock, loan stock, bonds, units of aF3 collective investment scheme within the meaning of theF4 Financial Services and Markets Act 2000, and other securities of any description;

• “stock exchange transaction” means a sale and purchase of securities in which each of the parties is a member of a stock exchange acting in the ordinary course of his business as such or is acting through the agency of such a member;

• “stock exchange” means the Belfast Stock Exchange and any other stock exchange (whether in Northern Ireland or not) which is declared by order of the Ministry of Finance to be a recognised stock exchange for the purposes of this Act.