Page:United States Statutes at Large Volume 119.djvu/168

 119 STAT. 150

PUBLIC LAW 109–8—APR. 20, 2005 ‘‘(V) with respect to a commodity options dealer, a commodity option; ‘‘(VI) any other agreement or transaction that is similar to any agreement or transaction referred to in this clause; ‘‘(VII) any combination of the agreements or transactions referred to in this clause; ‘‘(VIII) any option to enter into any agreement or transaction referred to in this clause; ‘‘(IX) a master agreement that provides for an agreement or transaction referred to in subclause (I), (II), (III), (IV), (V), (VI), (VII), or (VIII), together with all supplements to any such master agreement, without regard to whether the master agreement provides for an agreement or transaction that is not a commodity contract under this clause, except that the master agreement shall be considered to be a commodity contract under this clause only with respect to each agreement or transaction under the master agreement that is referred to in subclause (I), (II), (III), (IV), (V), (VI), (VII), or (VIII); or ‘‘(X) any security agreement or arrangement or other credit enhancement related to any agreement or transaction referred to in this clause, including any guarantee or reimbursement obligation in connection with any agreement or transaction referred to in this clause.’’. (2) INSURED CREDIT UNIONS.—Section 207(c)(8)(D)(iii) of the Federal Credit Union Act (12 U.S.C. 1787(c)(8)(D)(iii)) is amended to read as follows: ‘‘(iii) COMMODITY CONTRACT.—The term ‘commodity contract’ means— ‘‘(I) with respect to a futures commission merchant, a contract for the purchase or sale of a commodity for future delivery on, or subject to the rules of, a contract market or board of trade; ‘‘(II) with respect to a foreign futures commission merchant, a foreign future; ‘‘(III) with respect to a leverage transaction merchant, a leverage transaction; ‘‘(IV) with respect to a clearing organization, a contract for the purchase or sale of a commodity for future delivery on, or subject to the rules of, a contract market or board of trade that is cleared by such clearing organization, or commodity option traded on, or subject to the rules of, a contract market or board of trade that is cleared by such clearing organization; ‘‘(V) with respect to a commodity options dealer, a commodity option; ‘‘(VI) any other agreement or transaction that is similar to any agreement or transaction referred to in this clause; ‘‘(VII) any combination of the agreements or transactions referred to in this clause;

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