Article 2 Interpretation

In this Order—

• “body corporate” includes a Scottish partnership (and in relation to such a partnership, a reference to a director or other officer of a body corporate is a reference to a partner);

• “document” includes information recorded in any form, and in relation to information recorded otherwise than in legible form, references to its production include references to producing a copy of the information in legible form;

• “funds” means financial assets and economic benefits of any kind, including (but not limited to) gold coin, gold bullion, cash, cheques, claims on money, drafts, money orders and other payment instruments; deposits with financial institutions or other entities, balances on accounts, debts and debt obligations; securities and debt instruments (including stocks and shares, certificates representing securities, bonds, notes, warrants, debentures, debenture stock and derivatives contracts); interest, dividends or other income on or value accruing from or generated by assets; credit, rights of set-off, guarantees, performance bonds or other financial commitments; letters of credit, bills of lading, bills of sale; documents evidencing an interest in funds or financial resources, and any other instrument of export financing;

• “relevant institution” means—

  1. (a)

     an institution authorised under the Banking Act 1987^f1;

  2. (b)

     a European authorised institution within the meaning of the Banking Coordination (Second Council Directive) Regulations 1992^f2 which has lawfully established a branch in the United Kingdom for the purpose of accepting deposits or other repayable funds from the public; and

  3. (c)

     a building society within the meaning of the Building Societies Act 1986^f3.