§ 65 — Interpretation of this Division

65. In this Division, unless the context otherwise requires —“business” includes affairs, property, right, obligation and liability;

“certificate” means a certificate of transfer issued by the Minister under section 67(1);

“debenture” has the meaning given by section 4(1) of the Companies Act 1967;

“determination” means a determination made by the Authority under section 66(1);

“guaranteed policy moneys” has the meaning given by section 2 of the Insurance Act 1966;

“property” includes property, right and power of every description;

“specified business” means any part of the business of a transferor which is specified or identified in a certificate;

“transferee” means any person to which the whole or any part of a transferor’s business is, is to be, or is proposed to be transferred under this Division;

“transferor” means a pertinent financial institution the whole or any part of the business of which is, is to be, or is proposed to be transferred under this Division.