Interpretation
2.—(1) In this Order—
“the 2000 Act” means the Financial Services and Markets Act 2000(1);
“body corporate” includes a Scottish partnership and, in relation to such a partnership, any reference to a director or other officer of a body corporate is a reference to a partner;
“designated person” means an individual or entity designated by the Sanctions Committee;
“direction” means a direction under article 4(1);
“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, economic benefits and economic resources 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 derivative 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–
a person who has permission under Part 4 of the 2000 Act;
an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to the 2000 Act(2) which has permission under paragraph 15 of that Schedule as a result of qualifying for authorisation under paragraph 12 of that Schedule to accept deposits; and
“the Sanctions Committee” means the Committee of the Security Council of the United Nations established by paragraph 3(a) of resolution 1591 (2005) adopted on 29th March 2005.
(2) The definition of “relevant institution” in paragraph (1) must be read with—
(a)section 22 of the 2000 Act;
(b)any relevant Order under that section; and
(c)Schedule 2 to the 2000 Act.