(1) In this Act, unless the context otherwise requires -

"Act of 1963" means the Companies Act, 1963;

"Act of 1971" means the Central Bank Act, 1971;

"alteration" in relation to the memorandum or rules of a building society, includes any addition to or variation of the memorandum or rules, the rescission of any provision of the memorandum or rules, whether with or without the substitution of one or more than one provision in the memorandum or rules for any provision so rescinded, and cognate words shall be construed accordingly;

"adoptable powers" means powers which, under any provision of this Act, must, in order to be exercisable, be adopted by the society and "adopt" or "adopted" means adopt or adopted by agreement on the formation of the society or subsequently by a special resolution;

"the annual accounts" has the meaning assigned to it by section 77;

"associated body" means a body to which section 28 applies, in which a building society invests in accordance with section 28;