Regulation 37 Interpretation
In this Chapter -
"prescribed percentage" means 20%, 30% or 50%;
"proposed acquirer" means a person who proposes to acquire or increase a qualifying holding in an electronic money institution, and includes a group of persons acting in concert to acquire or increase such a holding;
"proposed acquisition" means -(a) the proposed acquisition of a qualifying holding in an electronic money institution, or(b) a proposed increase in a qualifying holding in such an institution that results in the size of the holding reaching or exceeding a prescribed percentage;