(1) In these Regulations, except where the context otherwise requires -
"appointed actuary" means the person appointed to act as actuary to an undertaking to carry out any function relating to the business of that undertaking which is required by the Insurance Acts and Regulations to be undertaken by an actuary, being a person having the qualifications and experience prescribed by or under the said Acts and Regulations;
"authorisation" means an authorisation under the Regulations of 1984;
"capital at risk" has the meaning assigned to it in the Regulations of 1984;
"cede" and "cession" in relation to reinsurance, include retrocede and retrocession;
"charges for management" means amounts chargeable in respect of the management of an internal linked fund in accordance with the conditions of those contracts of insurance under which property linked benefits are linked to the value of the fund or units of the fund;
"claim" means a claim against an undertaking under a contract of insura