state finance organisation

a legal person other than a company:

1. (a) which is a national of a state;
1. (b) which is set up by or pursuant to a special law;
1. (c) whose activities are governed by that law and consist solely of raising funds under state control through the issue of debt securities;
1. (d) which is financed by means of the resources they have raised and resources provided by the state; and
1. (e) the debt securities issued by it are considered by the law of the relevant state as securities issued or guaranteed by that state.