s 48A Interpretation of sections 49 to 53
48A. In sections 49 to 53, unless the context otherwise requires —“business” includes affairs and property; “office-holder”, in relation to a bank, means any person acting in relation to the bank as its liquidator, provisional liquidator, receiver, receiver and manager or an equivalent person; “relevant business” means any business of a bank —(a) which the Authority has assumed control of under section 49; or (b) in relation to which a statutory adviser or a statutory manager has been appointed under section 49; “statutory adviser” means a statutory adviser appointed under section 49; “statutory manager” means a statutory manager appointed under section 49.