“transfer”, in relation to an instrument, includes –

 

(a)     the transfer, sale, assignment or disposal in any other manner of such instrument by the holder or issuer thereof, as the case may be; or

 

(b)     the acquisition of such instrument by the holder or issuer thereof, as the case may be, by way of a transfer, sale, assignment or disposal in any other manner,

 

but does not include the redemption of such instrument;