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TMI BlogDefinitions.X X X X Extracts X X X X X X X X Extracts X X X X ..... Authority established under sub-section (1) of section 4; (c) "financial institution" means a unit set up in an International Financial Services Centre and which is engaged in rendering financial services in respect of any financial product; (d) "financial product" means-- (i) securities; (ii) contracts of insurance; (iii) deposits; (iv) credit arrangements; (v) f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... estment scheme; (viii) maintaining or transferring records of ownership of a financial product; (ix) underwriting the issuance or subscription of a financial product; (x) providing information about a person's financial standing or creditworthiness; (xi) selling, providing, or issuing stored value or payment instruments or providing payment services; (xii) making arrangements for car ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... der section 18 of the Special Economic Zones Act, 2005 (28 of 2005); (h) "Member" means a Member of the Authority and includes the Chairperson; (i) "notification" means a notification published in the Official Gazette, and the expressions "notified" and "notify" shall be construed accordingly; (j) "prescribed" means prescribed by rules made b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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