# Crown Agents Act 1979, Section 31: Interpretation.

Extent: E+W+S+N.I.

(1) In this Act—
“acounting year” means, . . . a period of twelve months ending with the 31st December in any year;
“the appointed day” means the day appointed by the Minister under section 1(1);
“the Board” means the Crown Agents Holding and Realisation Board;
. . .
“the Crown Agents” means the body corporate established by section 1;
. . .
“functions” includes powers and duties;
“the Minister” means the Minister of Overseas Development;
“pension”, in relation to any person, means a pension, whether contributory or not, of any kind whatever payable to or in respect of him, and includes an allowance or a gratuity so payable (whether on retirement or otherwise) and a return of contributions to a pension fund or of insurance premiums, with or without interest or any other addition;
“performance”, in relation to functions, includes the exercise of powers as well as the performance of duties, and “perform” shall be construed accordingly;
“regulations” means regulations made by the Minister with the approval of the Treasury;
. . .
“subsidiary” shall be construed in accordance with section 736 of the Companies Act 1985or Article 4 of the Companies (Northern Ireland) Order 1986, and “wholly owned subsidiary” shall be construed in accordance with section 736(2)of the Companies Act 1985or Article 4(2)of that Order of 1986;
“the unincorporated Agents” has the meaning given by section 1(2)(b).
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) Any provision of this Act conferring a power to give directions or instructions shall be construed as imposing, on any person to whom directions or instructions are given thereunder, a duty to comply with those directions or instructions.

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Source: https://www.legislation.gov.uk/ukpga/1979/43/section/31 (the official version)
Page: https://openlegislation.uk/crown-agents-act-1979/section-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.