(a) The term international banking facility or IBF shall mean a set of asset and liability accounts for international banking facility time deposits and international banking facility extensions of credit and any related accounts, segregated on the books of a banking institution in accordance with the provisions of section 19.3 of this Part.

(b) The term international banking facility time deposit or IBF time deposit shall have the same meaning as in regulations D (12 CFR § 204.8[a][2]) and Q (12 CFR § 217.1[1]) of the Board of Governors of the Federal Reserve System.

(c) The term international banking facility extension of credit or IBF extension of credit shall have the same meaning as in regulation D (12 CFR § 204.8[a][3]) of the Board of Governors of the Federal Reserve System.

(d) The term banking institution shall mean any bank, trust company, private banker, investment company, national banking association or foreign banking corporation licensed pursuant to article V of the New York Banking Law or pursuant to section 4 of the International Banking Act of 1978 (12 U.S.C. § 3102) to maintain a branch or agency in the State of New York, or agreement corporation or edge corporation authorized pursuant to section 25 or section 25(a) of the Federal Reserve Act to maintain a principal office or a branch in the State of New York.

(e) Any term used in this Part and not specifically defined herein shall have the meaning prescribed in the Banking Law.