Regulation 26 Systems designated in GibraltarF7

in relation to the equivalent overseas order as it applies in relation to a transfer order; and

in relation to the equivalent overseas security as it applies in relation to collateral security F2....

“equivalent overseas order” means an order having the like effect as a transfer order which is effected through a system designated in Gibraltar and which is governed by the law of Gibraltar; and

“equivalent overseas security” means any realisable assets provided under a charge or a repurchase or similar agreement, or otherwise (including credit claims and money provided under a charge)—