S.L. 403.25 Art. 16Interpretation.

For the purposes of this Part:

(a) unless specified otherwise, any reference in this Part to "general business" shall mean general business carried on in Malta in any one or more of the following classes or part classes of Part I of the Third Schedule to the Act: classes or part classes 1 where the insured is an individual, classes or part classes 2, 3, 8, 9, 10, 13, 16, 17 and 18, however, in respect of the said class or part class 10, also referred to as motor vehicle liability insurance business, such motor vehicle liability insurance business shall fall under "general business", for the purposes of this Part, only with respect to such motor vehicle liability insurance business carried on in Malta before the initiation date;

(b) unless specified otherwise, any reference in this Part to "long term business" shall mean long term business carried on in Malta in classes I, II, IV, VII and IX of the Second Schedule to the Act:

Provided that for the purposes of regulation 17(4) the terms "general business" and "long term business" shall have the same meaning as assigned to them in article 5(1) of the Act.