Regulation 3 Interpretation: general

In these Regulations—

• “the Act” means the Online Safety Act 2023;

• “applicable accounting standards” has the meaning given by section 64 of the Finance Act 2020^f1 except that references in that section to a “group” should be read as references to a “provider of a regulated service” or a “group undertaking”, as appropriate;

• “group” means a parent undertaking and its subsidiary undertakings, reading those terms in accordance with section 1162 of the Companies Act 2006^f2;

• “group undertaking” has the meaning given by section 1161(5) of that Act.