person bound to make repayment under a financial instrument as an issuer, drawer, acceptor, giver of aval, endorser, or guarantor, as the case may be. “ unit of collective investment scheme ” mean a unit

acceptor, an endorser or guarantor or deposit with such persons, but not including the deposit in operating account; (2) Investment in instruments which related persons under clause 20(2)(a) to (c) is an