Regulation 2 Interpretation
In these Regulations—
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“the Act” means the Insolvency Act 1986;
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“the company” means the company whose business or assets are the subject of the substantial disposal;
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“qualifying report” has the meaning given to it in regulation 5;
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“previous report” has the meaning given to it in regulation 8;
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“relevant property” means the property being disposed of, hired out or sold by the substantial disposal;
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“Schedule B1” means Schedule B1 to the Act; and
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“substantial disposal” has the meaning given to it in regulation 3.