Insurance Act, 1990
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Interpretation. |
1.—In this Act— | |
“the Court” means the High Court; | ||
“subsidiary” has the meaning assigned to it by the Companies Act, 1963 ; | ||
“the Holding Company” means a company of which the Original Company or the New Company is a subsidiary; | ||
“the Minister” means the Minister for Finance; | ||
“the New Company” means a subsidiary of the Holding Company to which the business of the Original Company may be transferred by a transfer order; | ||
“the Original Company” means Irish Life Assurance plc; | ||
“the transfer date” means the date specified in a transfer order for the transfer of the assurance business of the Original Company to the New Company; | ||
“transfer order” means an order (including a supplemental order) made by the Court under section 13 of the Assurance Companies Act, 1909 . |