Regulation 2 Interpretation
In these Regulations—
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“the Act” means the Law Reform (Miscellaneous Provisions) (Scotland) Act 1990;
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“scheme” means a scheme for the transfer of any assets of the transferor body to the transferee body which is prepared by the Lord Advocate under section 7(5) of the Act;
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“transferor body” means any body whose assets are or are proposed to be transferred to a transferee body in or under a scheme;
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“transferee body” means any body to which the assets of the transferor body are or are proposed to be transferred in a scheme;
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“trustees”, in relation to any transferor or transferee body, means the persons concerned in the management or control of that body;
and any other expression used in these Regulations which is also used in Part I of the Act will have the same meaning in these Regulations as it has in that Part.