"investment company" means a company to which this Part applies and "company" shall be construed accordingly;
"management company" means a company designated by an investment company to undertake the management of the investment company;
"property" means real or personal property of whatever kind (including securities);
"sub-fund" means a separate portfolio of assets maintained by an investment company in accordance with its articles;
"the UCITS Regulations" means the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 1989 (S.I. No. 78 of 1989);
"umbrella fund" means an investment company which has one or more sub-funds and which is authorised by the Central Bank pursuant to section 256.
(2) For the purposes of the application by this Part of certain provisions of the UCITS Regulations to investment companies, the said provisions shall be construed as one with the Companies Acts.
(3) For the avoidance of doubt,