7 Meaning of financial product

(1)

In this Act, financial product means—

(a)

a debt security; or

(b)

an equity security; or

(c)

a managed investment product; or

(d)

a derivative.

(2)

If an interest or a right is declared by regulations not to be a security for the purposes of this Act, the interest or right is not a financial product for the purposes of this Act.