S.L. 403.9 чл. 2Interpretation.

(1) In these regulations, unless the context otherwise requires -

"the Act" means the Insurance Business Act;

"approved auditors list" means the list of audit firms acting as approved auditor established and maintained under regulation 3; "approved auditors register" means the approved auditors register established and maintained under regulation 3; ''audit firm'' shall have the same meaning as is assigned to it by article 2 of the Accountancy Profession Act; ''competent authority'' means the Malta Financial Services Authority established by the Malta Financial Services Authority Act; "Insurance Rules" has the same meaning as is assigned to it by article 2 of the Act for the purposes of carrying into effect certain provisions of article 21 of the Act and of these regulations, and the words and expressions which are also used in the Act have the same meanings as in the Act.

(2) In these regulations any reference to an ''insurance undertaking'' shall be deemed to be a reference to an authorised insurance undertaking or authorised reinsurance undertaking which has received authorisation pursuant to article 7 of the Act to carry on business of insurance in or from Malta, or in or from a country outside Malta, or a person enrolled in the Agents List, Managers List or Brokers List in terms of the Insurance Distribution Act.