In this Act, unless the context otherwise requires, -
The expression "chairman" means the person for the time being presiding over the board of directors or other governing body of the assurance company;
The expression "Bank" means the Central Bank of Ireland;
The expression "annuities on human life" does not include superannuation allowances and annuities payable out of any fund applicable solely to the relief and maintenance of persons engaged or who have been engaged in any particular profession, trade, or employment, or of the dependants of such persons;
The expression "policy holder" means the person who for the time being is the legal holder of the policy for securing the contract with the assurance company;
The expression "underwriter" includes any person named in a policy or other contract of insurance as liable to pay or contribute towards the payment of the sum secured by such policy or contract;
The expression "financial year" means each period of twelve months at the end of
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