(1) In this Part, unless the context otherwise requires -
"Act of 2010" means the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010;
"Bank" means the Central Bank of Ireland;
"beneficial owner" in relation to a common contractual fund, means any individual who - (a) ultimately is entitled to or controls, whether the entitlement or control is direct or indirect, more than a 25 per cent share of the capital or profits of the common contractual fund or more than 25 per cent of the voting rights in the common contractual fund, or (b) otherwise controls the common contractual fund;
"beneficial ownership register" shall be construed in accordance with section 21B.
"common contractual fund" means a collective investment undertaking, being an unincorporated body established by a management company, under which the participants by contractual arrangement participate and share in the property of the collective investment undertaking as co-owners, provided - (a) it is
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