Cap. 547 Art. 2Interpretation.

In this Act, unless the context otherwise requires:

"Agreement" means the agreement on the transfer and mutualisation of contributions to the Single Resolution Fund between the Kingdom of Belgium, the Republic of Bulgaria, the Czech Republic, the Kingdom of Denmark, the Federal Republic of Germany, the Republic of Estonia, Ireland, the Hellenic Republic, the Kingdom of Spain, the French Republic, the Republic of Croatia, the Italian Republic, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, Hungary, the Republic of Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the Portuguese Republic, Romania, the Republic of Slovenia, the Slovak Republic and the Republic of Finland of the 21st May 2014, annexed in the Schedule to this Act;

"Malta" has the meaning assigned to it by article 124 of the Constitution of Malta;

"Minister" means the Minister responsible for Finance; "Single Resolution Mechanism" means the mechanism established through Regulation (EU) No. 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No. 1093/2010 of the European Parliament and of the Council; "Single Resolution Fund" means the fund established according certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation

(EU) No. 1093/2010 of the European Parliament and of the Council; "Single Supervisory Mechanism" means the mechanism established through Council Regulation (EU) No. 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions; "transitional period" means the period from the 1st January 2016 until the date when the Fund reaches the target level fixed in Article 69 of the Single Resolution Mechanism Regulation or 1st January 2024, whichever is earlier.