relevant credit balance "relevant credit balance", in relation to a client of a futures broker, means the total of- (a) the amounts deposited by the broker in respect of the client in a clients' segregated account, or clients' segregated accounts, of the broker, less so much of those amounts as has been withdrawn from the account or accounts; and (b) the value of the items of property that- (i) have, in respect of the client, been deposited by the broker in safe custody under subsection 52A(1) and have not been withdrawn from safe custody; and (ii) under the terms and conditions on which they were deposited with, or received by, the broker, are available to meet, or to provide security in connection with the meeting of, relevant liabilities of the client; ACT 499 - FUTURES INDUSTRY ACT 1993 52. Interpretation.
relevant credit balance "relevant credit balance", in relation to a client of a futures broker, means the total of- (a) the amounts deposited by the broker in respect of the client in a clients' segregated account, or clients' segregated accounts, of the broker, less so much of those amounts as has been withdrawn from the account or accounts; and (b) the value of the items of property that- (i) have, in respect of the client, been deposited by the broker in safe custody under subsection 52A(1) and have not been withdrawn from safe custody; and (ii) under the terms and conditions on which they were deposited with, or received by, the broker, are available to meet, or to provide security in connection with the meeting of, relevant liabilities of the client; ACT 499 - FUTURES INDUSTRY ACT 1993 [Repealed By Capital Market & Services Act 2007] [Act 671] 52. Interpretation.