Conversion of South African Special Risks Insurance Association, 1998
R 385
debenture
means--
| a) | a debenture created and issued in terms of, and in respect of which the person issuing it has complied with, the provisions of the Companies Act, 1973 (Act No. 61 of 1973); |
| b) | a security as defined in section 1(1) of the Exchequer and Audit Act, 1975 (Act No. 66 of 1975); |
| c) | any bill, bond, security or any other document issued as evidence of the borrowing of money by any institution, council or body contemplated in section 84(1)(f) of the Republic of South Africa Constitution Act, 1961 (Act No. 32 of 1961), or by the Electricity Supply Commission or the Rand Water Board or by any other institution, council or body designated for the purposes of this paragraph by the Registrar by notice in the Gazette. |
