S.L. 403.20 Art. 2Interpretation. Cap. 403. Cap. 330.

In these regulations, unless the context otherwise requires -

"the Act" means the Insurance Business Act;

"competent authority" means the Malta Financial Services Authority established by the Malta Financial Services Authority

Act; "the Solvency II Directive" means Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast), as amended from time to time, and includes Directive 2014/51/EU of the European Parliament and of the Council of 16 April 2014 amending Directives 2003/71/EC and 2009/138/EC and Regulations (EC) No 1060/2009, (EU) No 1094/2010 and (EU) No 1095/2010 in respect of the powers of the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority) (“Omnibus II”), any delegated acts and any technical standards that have been or may be issued thereunder;

and the words and expressions which are used in these regulations have the same meanings as in the Solvency II Directive.