securities
Definitions over time (1)
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20/03/2008 – 21/07/2019 Article 2, Directive 2003/71/EC Scope: Whole act
For the purposes of this Directive, the following definitions shall apply:
‘securities’ means transferable securities as defined by Article 1(4) of Directive 93/22/EEC with the exception of money market instruments as defined by Article 1(5) of Directive 93/22/EEC, having a maturity of less than 12 months. For these instruments national legislation may be applicable;
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