# The Insurance Companies Regulations 1994, Part I: INTERPRETATION


For the purposes of this Schedule—
“authority” means a licence or equivalent authorisation which may only be granted if the applicant fulfils criteria specified in legislation or by a supervisory or judicial authority or by a self-regulating organisation or professional body to carry on any business activity;
“court” means any court wheresoever in the world;
“group of companies” means a holding company and subsidiary within the meaning of section 736 of the Companies Act 1985;
“position holder” includes a proposed position holder.

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Source: https://www.legislation.gov.uk/uksi/1994/1516/schedule/6/part/I (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/schedule-6/part-I
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.