Regulation 3 Prescription of liquid assets
(1)
Each description of assets which—
(a)
comes within a provision of Part I of the Schedule hereto, and
(b)
where a provision of Part 11 of the Schedule hereto applies to it, conforms with the requirements of that provision,
is prescribed as a description of liquid assets.
(2)
The definitions in Part III of the Schedule hereto have effect in respect of the interpretation of that Schedule.