(1) In this Act, except where the context otherwise requires -
"the Act of 1964" means the Insurance Act, 1964;
"an administrator" means a person appointed, whether under subsection (2) or (4) of section 2 of this Act, to perform the functions conferred on an administrator by this Act;
"body" means a body corporate or an unincorporated body of persons;
"the Bank" means the Central Bank of Ireland;
"the business" in relation to an insurer or reinsurer includes the business of managing investments and assets held by the insurer or reinsurer;
"company", "contributory" and "director" have the meanings respectively assigned to them by the Companies Acts, 1963 to 1983;
"the court" means the High Court;
"functions" includes powers and duties and references to the performance of functions include references to the exercise of powers and the carrying out of duties;
"insurance business" means non-life business or life business;
"insurer" means the holder of an authorisation issued by t
…