Standard Life Assurance Company Act 1991

2 Interpretation

In this Act, unless the context otherwise requires—

• “Act of 1925” means the Standard Life Assurance Company’s Act 1925;

• “appointed day” means such day as shall be appointed under section 3 of this Act;

• “assignation”, in relation to England and Wales, means an assignment;

• “assurance” means a contract entered into by the Company the object of which is within any class or classes of insurance business specified in Schedule 1 or Schedule 2 to the [1982 c. 50.] Insurance Companies Act 1982 or any other class or description of insurance, pension, indemnity, annuity or guarantee business;

• “Company” means The Standard Life Assurance Company;

• “directors” means the directors of the Company for the time being;

• “existing” means existing immediately before the appointed day;

• “member” means a member of the Company as defined from time to time by the regulations;

• “policy” means the instrument evidencing an assurance;

• “regulations” means the regulations of the Company for the time being in force in accordance with section 14 of this Act;

• “special resolution” has the meaning assigned to that expression by section 15 of this Act;

• “territory” means and includes every country, state or place which has a separate legal jurisdiction.