S.L. 386.15 Art. 2Interpretation. Cap. 386. Cap. 370. Cap. 330. S.L. 386.05 Cap. 330. Cap. 370. Cap. 370. S.L. 386.14 S.L. 386.02

(1) In these regulations, unless the context otherwise requires -"the Act" means the Companies Act; "collective investment scheme" shall have the same meaning as that assigned to the term in article 2 of the Investment Services Act;

"competent authority" means the Malta Financial Services Authority established by article 3 of the Malta Financial Services Authority Act; "Continuation Regulations" means the Companies Act

(Continuation of Companies) Regulations; "Financial Services Tribunal" means the Tribunal referred to in article 21 of the Malta Financial Services Authority Act, and the term "Tribunal" shall be construed accordingly;

"incorporation agreement" means an agreement setting out the terms upon which a non-cellular company becomes an incorporated cell of an incorporated cell company in accordance with the provisions of regulation 23(5)(a); "incorporated cell" means, unless otherwise specified, a cell of a recognised incorporated cell company created in accordance with the provisions of these regulations and licensed as a collective investment scheme in terms of article 4 of the Investment Services Act; "non-cellular company" means a company which is not an incorporated cell company, an incorporated cell or a segregated multi-fund company; "recognised incorporated cell company" means a limited liability company formed, continued as, transformed or divided into an incorporated cell company in accordance with the provisions of these regulations and recognised by the competent authority in terms of article 9A of the Investment Services Act; "relocation agreement" means an agreement setting out the terms upon which the relocation of an incorporated cell from one recognised incorporated cell company to another or to a SICAV incorporated cell company is to take place in accordance with the provisions of regulation 23; "segregated multi-fund company" means a multi-fund SICAV with one or more segregated sub-funds, each treated for all intents and purposes of law as a patrimony separate from the assets and liabilities of each other sub-fund of the company in accordance with the provisions of regulation 9 of the SICAV Regulations; "SICAV" means an investment company with variable share capital established under the Act and the SICAV Regulations; "SICAV incorporated cell company" means an incorporated cell company established under the Companies Act (SICAV

Incorporated Cell Companies) Regulations; "SICAV Regulations" means the Companies Act (Investment

Companies with Variable Share Capital) Regulations.

(2) Words and expressions used in the Act shall, in these regulations, have the same meaning as in the Act.