S.L. 499.28 Art. 2Interpretation.

In these regulations, unless the context otherwise requires -"Agreement" means an agreement between groups of States to which Malta is a party, reciprocally granting to citizens of such States or their dependants the right to enter, remain and reside in and leave the country of such States, to move freely within such States for such period as may be established in the agreement and to work or establish, provide or receive services therein; and "Agreement State" shall be construed accordingly;

"air transport undertaking" means a person whose business includes the carriage by air of passengers or cargo for hire or reward; "business plan" means a detailed description of the air transport undertaking’s intended commercial activities for the period in question, in particular in relation to the market development and investment to be carried out, including the financial and economic implications of these activities; "Council Regulation EEC 2407/92" means the Regulation promulgated by the Council of the European Communities on 23 July 1992; "Director" means the Director of Civil Aviation and, to the extent of the authority given, any person so authorised in that behalf by the Director;

"management account" means a detailed statement of income and costs for the period in question including a breakdown between air-transport related and other activities as well as between pecuniary and non-pecuniary elements.